Greetings
Lawyer practices real estate law, litigation, etc..
What would be the journal entries for the following transactions in a law firm?
Lawyers uses the accrual method of accounting
1) Lawyer makes a payment of $800 to register a company?
2) Lawyer pays Government for transfer of title?
3) Lawyer pays a client $3000.00 in relation to a law suit
4) Lawyer pays client $10,000 back after selling a property
5) Client withdrawal of $20,000.00
Cheers