0
costs
What else can I help you with?
What is the informal term for legal expenses?
costs
Is legal expense an admin expense?
Legal expenses is not an admin expenses since legal expenses ararise due to legal issues of the organization. legal expenses are not recurring expenses by nature. Example of legal expenses are feees paid to the professional to represent the legal issues before the competent authority.
Can you deduct legal expenses from your taxes?
Yes, you can deduct certain legal expenses from your taxes, such as those related to business activities or the production of income. However, personal legal expenses are generally not deductible.
Term for termporarily stopping a legal action?
The term for temporarily stopping a legal action is "stay." A stay halts proceedings in a case, allowing for a pause in the legal process. This can be requested for various reasons, such as waiting for the outcome of an appeal or allowing time for settlement negotiations. The court typically grants a stay to ensure fairness or to prevent unnecessary legal expenses.
What is informal name for legal expenses?
Costs
What is the journal entry for legal expenses?
To record legal expenses in a journal entry, you would debit the Legal Expenses account and credit either Cash or Accounts Payable, depending on whether the expense was paid immediately or is still outstanding. This entry helps to accurately track and report legal costs incurred by the business.
What expenses can be written off in bankruptcies?
In bankruptcies, expenses that can be written off typically include outstanding debts, legal fees, and certain business expenses.
What do you mean by expenses?
Preliminary expenses are all those expenses which company incurred before starting of basic busines activity or production of volume of units like legal expenses etc.
How do you record a software license renewal fee?
It is a kind of expenses like insurance expense, legal and professional expenses
What do you mean by premliminary expenses?
Preliminary expenses are all those expenses which company incurred before starting of basic busines activity or production of volume of units like legal expenses etc.
Which of these defines the term "expenses"?
the costs of operating
Can legal costs insurance decrease my legal expenses?
You may not know this, but legal costs insurance should and will cover much, if not all, of the expenses involved with hiring a lawyer and dealing with suing a company. http://en.wikipedia.org/wiki/Legal_expenses_insurance
