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Registration Fees Journal Entry

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Registration Fees Definition And Meaning Registration fees is the fees which is paid to the registrar of the office for starting a new business or starting a new product / brand or service such as starting a real state business or starting a property advisory service. When the company purchased new assets such as office buildings, vehicles, furniture, etc., then the registration fees is also paid for acquiring the ownership of these assets. The journal entry to record registration fees is shown below:                                      Registration Fees Expense a/c    XXX                                                                                   ...