Web10 Mar 2015 · Unearned Revenue is normally a "Current Liability". Unearned revenue normally appears in books of newspaper publishers, entertainment companies, telecommunication operators etc. because the nature of their business is such that cash is received before services are provided. Upvote (0) Downvote Reply ( 0) Report. Webof the fee or expenses shall also be communicated to the client. (c) A fee may be contingent on the outcome of the matter for which the service is rendered, except in a matter in which a contingent fee is prohibited by paragraph (d) or other law. Such a fee must meet the requirements of Rule 1.5(a). A contingent fee

In the blank space beside each adjusting entry, enter the letter of …

WebUnearned revenue is the cash proceeds received by a company or individual for a service or product that the company or individual still has to deliver to the customer. It is an advance … WebUnearned Professional Fees. 6,000 . Professional Fees Earned . 6,000. 2. Interest Receivable. 3,500 . Interest Revenue . 3,500. 3. Salaries Payable. 9,000 . Cash . 9,000. 4. … twinings tea gingerbread joy

Retainer Fee - Overview, How Retainer Agreements Work, …

Web5 Dec 2024 · The attorney should provide a retainer agreement detailing the retainer fee and how to proceed if the fee is depleted. If a lawyer charges $200 per hour and the parties … WebOn December 31, 2024 and December 31, 2024, he had the following accounts with balances as follows: Dec. 31, 2024 Dec. 31, 2024 Prepaid expenses Accrued expenses Professional Fees receivable P16,100 P15,000 27,500 38,000 33,400 P185,000 42,800 Unearned professional fees 86,700 Under the accrual basis, Professional Fees by Atty. Bruno for the … twinings tea english breakfast