Solicitor Accounts

This class was created by Brainscape user SMH Legal. Visit their profile to learn more about the creator.

Decks in this class (11)

Core principles
What does a cr credit entry indicate,
What does a dr debit entry indicate,
In a cash account what does a cr ...
10  cards
Double Entry Bookkeeping and The SRA Account Rules
Why is client money handling cruc...,
What are the key aspects of doubl...,
How does double entry bookkeeping...
28  cards
Client Money and Client Accounts
What is the full scope of client ...,
How do the rules distinguish betw...,
What are the detailed requirement...
22  cards
Common Accounting Entries
What is the double entry bookkeep...,
What are the key recording requir...,
What is the purpose of a dual cas...
16  cards
Transfers and mixed receipts
What are the distinctions between...,
What is the definition and purpos...,
What are the accounting entries r...
9  cards
Value Added tax
What are the two distinct aspects...,
What are the current vat rates an...,
Who qualifies as a taxable person...
14  cards
Special Account Entries
Why can t a firm deposit a cheque...,
What is a firm s responsibility u...,
Is there a requirement to record ...
26  cards
Interest
Under what circumstances is a cli...,
What are the two methods for acco...,
What are the advantages and disad...
8  cards
Property Transactions
What are the solicitor s main res...,
What is stakeholder money and how...,
How is stakeholder money recorded...
9  cards
Joint Accounts, the Client’s Own Bank Account and Third Party Managed Accounts
What are the sra principles that ...,
What are the specific operational...,
What are the rules and practices ...
8  cards
Compliance
What is the main purpose of the s...,
What are the conditions under whi...,
What factors might lead to a qual...
10  cards

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Solicitor Accounts

  • Class purpose General learning

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Solicitors Accounts
  • 10 decks
  • 174 flashcards
  • 6 learners
Decks: Double Entry Book Keeping And The Sra Ac, Client Money And Client Accounts, Common Accounting Entries And Transfers, And more!
accounting
  • 31 decks
  • 1706 flashcards
  • 1509 learners
Decks: Chapter 1, Powerpoint 1, Powerpoint 2, And more!
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