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What is the accounting entry for the retainer fee?

Anonymous

∙ 16y ago

Updated: 4/28/2022

These links provide a little insight. www.mncourts.gov/lprb/91bbarts/bb1191.html www.mncourts.gov/lprb/fc01/fc061101.html

Wiki User

∙ 16y ago

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Continue Learning about Accounting

What is the accounting journal entry to record membership subscription fee?

debit subscription feecredit cash

What is the accounting entry for revenue earned by the business?

it is usually a fee of around 1500 pounds to 2000 pounds.

What machine inspired the double entry accounting method?

There is no record of a machine that inspired the double-entry accounting method. Records show that double-entry accounting was inspired by existing accounting practices at the time.

What is the accounting entries when goods are bought on credit?

The journal entry is the accounting entry which lists the goods that are bought on credit.

What is the basic summary device of accounting?

account or accounting equation

Related Questions

What is the journal entry to record a retainer fee?

Debit retainer fee expenseCredit cash / bank

Is the retainer fee deducted from the total bill?

This accounting practice varies from firm to firm and lawyer to lawyer. Some do and some do not there is no definitive answer.

What is the accounting journal entry to record connection fee?

Debit connection expensesCredit cash / bank

What is the accounting journal entry to record membership subscription fee?

debit subscription feecredit cash

What is the accounting entry for revenue earned by the business?

it is usually a fee of around 1500 pounds to 2000 pounds.

What is an annual retainer fee?

An annual retainer fee is the cost for a commitment to have services available if they become needed. The annual retainer fee typically refers to legal services. Charges for work done is in addition to the retainer.

The fee is paid to an attorney to engage their services is called?

a retainer fee

What is the entry fee for the Master Golf?

there is no entry fee

What if your broker is requiring a retainer fee?

Lose them............fast.

Who introduces double entry accounting?

Double Entry Accounting is introduced by Lucas Paciolli

What machine inspired the double entry accounting method?

There is no record of a machine that inspired the double-entry accounting method. Records show that double-entry accounting was inspired by existing accounting practices at the time.

What is the entry fee for a PGA Tour Event?

There is no entry fee. It is an invitational event.

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