What does the following journal entry indicate? Legal Expense. 2,900 Cash. 2,900
A) $2,900 cash is due to an attorney.
B) A sum of $2,900 was received from an attorney in advance.
C) $2,900 cash is due from an attorney.
D) An attorney was paid $2,900 in cash.

Question

Quizplus · Accepted Answer

The entry indicates that $2,900 was paid to an attorney for legal expenses, and therefore the correct choice is D ("An attorney was paid $2,900 in cash").

What Does the Following Journal Entry Indicate? Legal Expense