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15y ago

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What is the journal entry to record a retainer fee?

Debit retainer fee expenseCredit cash / bank


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


How much would a Income Tax Attorneys cost?

Income tax attorney fees vary. Some attorneys will charge a flat rate for a specific service, for example an attorney may charge a fee of 5% of your debt. However, it is more common for attorneys to charge an hourly fee on top of requiring a retainer. On average, one should expect to pay a retainer of $1000-$2000 and an hourly fee of $200-$250.


Is it common for a commercial insurance agent to charge their client an agency commission fee and also a service fee?

Yes if they are a broker. You will always see a broker fee from your agent and they a fee from the insurance company


What does "broker exclusive" mean in terms of a rental agreement, and does it typically involve a broker fee?

"Broker exclusive" in a rental agreement means that only the broker who showed you the property can help you secure the rental. This usually involves a broker fee, which is a payment for their services in finding and securing the rental for you.


Is it legal to collect a finders fee from a mortgage broker?

Yes, you can collect a finders fee from a mortgage broker. Gifts and money are exchanged in this situation all the time.


What are some fees associated with Canadian bonds?

The biggest and most common fee associated with Canadian bonds is a broker fee. This is a fee payed to the broker who manages the money. Buying bonds on your own usually has no fees.


Is it legal to charge a broker's fee and collect commission?

Brokers man charge a broker fee and collect commission but they must have you sign a disclosure that they are making money both ways. It isn't uncommon to be charged a broker fee if your total annual premiums are below $5,000 or if your broker is providing additional services like risk management, safety, 50+ certs, etc.


How can you become a sub broker of mcxindia?

1: Broker Association: Get associated with a broker, with some security deposit (refundable)2: Registration: Get Registered with MCX exchange thru any broker. Regis fee NILFor more assistance sent me your details on faiyaz.ansar@rediffmail.comYou will get complete assitance in min fee(for human welfare)RegardsFaiyaz


How can I find a good product liability lawyer that doesn't require a retainer?

The best thing to do is to look in your local newspaper. It will have a listing for all the lawyers in your neighborhood and it will show on the ad if they have a retainer fee or not.


What is an origination fee?

An origination fee is a payment associated with the establishment of a new loan. This fee is paid to the bank (or perhaps the broker) that provides the loan or services associated with taking out a loan.