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Legal Fees Journal Entry

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Legal Fees Expense Journal Entry A legal fees is the amount paid by the company to law firms, lawyers, court, attorneys, etc., for legal proceedings and other legal works necessary for the business’s existence and running of the business’s operations. The journal entry to record legal fees for Cash / Bank is shown below:                                       Legal Fees Expense a/c   XXX                                                                             Cash a/c / B ank a/c   XXX                                               ...