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Q: How do you prorate a monthly retainer fee?
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What is the journal entry to record a retainer fee?

Debit retainer fee expenseCredit cash / bank


How do you prorate grades?

What is the prorated amount for 8 days if the monthly cost is $1,231.50


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


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Minecraft costs $26.95 and there is no monthly fee.


What if your broker is requiring a retainer fee?

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


What do you call an attorney that you pay monthly?

You can say that he is on retainer for you or your company.


What do you mean by retainership basis?

The term "retainership basis" refers to the payment of a fixed yearly or monthly fee to a service provider who is not actually an employee of the company paying the fee. The retainer ensures that the company involved is able to utilise the service provider on a "need to" basis.


Do you have to pay a monthly fee for phone access on the ipod touch?

NO monthly fee. That is what is nice about it.


Will dc universe online have a monthly fee?

Yes. It will have a monthly fee of $15:00 a month in the US.


What is lawyer's retainer fee means?

A retainer fee basically "retains" the lawyer's services. You should discuss exactly how your prospective attorney handles the retainer fee before giving them any money, because there are a couple of different ways of handling retainer fees.It may be a fee the lawyer charges in order to be available (which may mean that they have to turn down other clients; since doing so represents a loss of business for them, it's reasonable for them to expect to be compensated for this), or it may be a kind of "down payment" on future services. In either case, it's not an "all-you-can-sue" plan, you'll still have to pay for the actual services rendered.