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Querist : Anonymous (Querist)
01 May 2012 what entry wil be passed if payment is made from sister concen...
fo eg. A ltd hires legal service and payment for such service is made through B ltd whish is sister concern of A ltd
what entry to be passe in books of A ltd

01 May 2012 Legal & Professional fees Dr.
To B Ltd.

01 May 2012 Legal Fees a/c Dr
To B Ltd.




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