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Tution fee

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 October 2013 Sir

I am running a propriotership firm and i am paying 18000/-, salary to my son who is looking after my business as manager, Now please explain me if i paid Tuition fee of my grandsons on behalf of my son and adjusted the same from his salary is it ok as book concern. Please solve my query ASAP.

Thanks & Rgds

Mukesh kumar
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Dintakurthi Tirumala

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Dintakurthi Tirumala (Expert)
03 October 2013 Yes, it is okay and no problem shall arise.

OM SAI SRI SAI JAI JAI SAI
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Dintakurthi Tirumala

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Dintakurthi Tirumala (Expert)
03 October 2013 Assuming you have an idea how to pass accounting entries for the same, otherwise if you required accounting entries also then i will provide you.

OM SAI SRI SAI JAI JAI SAI
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