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

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Q: What is the accounting entry for the retainer fee?
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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 membership subscription fee?

debit subscription feecredit cash


What is the accounting journal entry to record connection fee?

Debit connection expensesCredit cash / bank


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 a flat fee that a client pays in advance to retain the services of a professional, such as a lawyer or consultant, for a specified period of time. This fee ensures priority service and availability throughout the year.


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.