Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Mr Earl Anthony deposited R50 000 in May 2021 for legal action against Mrs Lisa Wagner. Mrs Wagner settled out of court and refunded Mr
Mr Earl Anthony deposited R50 000 in May 2021 for legal action against Mrs Lisa Wagner. Mrs Wagner settled out of court and refunded Mr Earl Anthony R15 000 for the fees he paid for the slimming products and visit to the SPA. Mrs Lisa Wagner also paid R15 000 for damages and R7 500 to cover Mr Earl Anthonys legal costs. The R37 500 was received from Mrs Lisa Wagner on 23 July 2021. Your fee amounts to R18 000. Transfer your fee on 30 July 2021, reconcile the Trust Account and make a payment to Mr Earl Anthony.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started