Solicitor Accounts

I completed the LPC (Legal Practice Course) at BPP University in 2017 with a 97% distinction in Solicitor Accounts. These detailed and condensed notes cover the entire Solicitor Accounts module, including every SGS. My friends at other universities, such as the University of Law, have also used these notes to achieve high distinctions.

Solicitor Accounts LPC (2020) Full Summary Notes with Worked-through examples made for the Accounts module at City, University (has been used used by Ulaw and BPP students who have obtained Distinctions! And can be used for any LPC Accounting module!), 20 pages, WITH THE NEW 2019 SRA RULES! - achieved a Distinction myself!! (94%). Very easy to follow and well-structured notes!! Breaks down the accounting rules with a step to step guide to tackling each. Includes: -DOUBLE-ENTRY BOOKKEEPING -CRE...

*DISTINCTION LEVEL* Alice Hicks style colourful summary with full client ledger examples and references to the textbook chapters/paragraphs for the exam. Also financial summary examples and full detail of the rules. University of Law Exam Ready!

Very concise Solicitors Accounts notes that cover every topic. Achieved 99% in the exam using these notes alone. Simplifies all ledger entries and all relevant rules. Very clear layout. Made for BPP LPC 2021.

Complete set of notes to score for the LPC Solicitors' Accounts exam. Used only this document to secure a Competent grade, and overall high distinction across every core and elective module. Content is displayed in easy-to-understand matrices and "CR"/"DR" highlighted for ease of reference in the exam. // Check out the PCR notes and other LPC core/elective module notes!

All the possible entries you'll need for the BPP Solicitors' Accounts Exam.

Everything you need in digestible steps that you can copy and paste in the exam, with little notes to help you understand everything. Do not need to go through workbook, just rely on this!

LPC Solicitors' Accounts Summary Table containing ALL the transactions you'll need for the exam *PERFECT FOR LAST MINUTE REVISION*

Notes on Solicitors' Accounts for those preparing for the SQE. I have passed the LPC with a distinction and I am now preparing to take the SQE. Having looked at the exam content and my existing LPC notes, I have created a new set of notes containing all the knowledge you will need from this module to pass the exam. While creating these notes, I made sure that they are set out in a way that is easy to understand using structured step-by-step guides and clear table formats.

Provides an in-depth summary of all the possible types of transactions and their corresponding ledger entries. All the possible exam scenarios are covered in these notes. These notes helped me get a PERFECT SCORE in solicitors accounts.

Testbank to accompany Audit and assurance 2 nd edition by Leung et al. © John Wiley & Sons Australia, Ltd 2023 Chapter 1: Auditing and governance © John Wiley & Sons Australia, Ltd 2023 1.2 Chapter 1: Auditing and governance Multiple-choice questions 1. The three major professional accounting bodies in Australia are: a. CAANZ, CPA and ASIC. b. CPA Australia, IPA and AARF. c. ATO, AUASB and ASIC. *d. CAANZ, CPA Australia and IPA. The correct option is d. Learning objective 1....

Absolute Assignment - ANSWER The assignment by the policy owner of all control and rights to a third party. This differs from collateral assignment, which allows all the rights and control to revert to the owner once a loan is paid off Accident - ANSWER A fortuitous event; unforeseen and unintended Accidental Death Insurance - ANSWER A form of health insurance that provides payment if death of the insured results from accident. Accidental death insurance is often combined with dismembermen...

SUMMARY (FOUNDATIONS OF SOLICITORS’ ACCOUNTS) ELABORATED EXAM What are the SRA Accounts Rules ('the Rules')? - CORRECT ANSWER--The SRA Accounts Rules 2019. This version has been in effect since November 2019 and can be found on the SRA website. -The Rules govern how law firms operate their accounting systems, and focus specifically on safeguarding money belonging to clients and others Who do the SRA rules apply to? - CORRECT ANSWER-These rules apply to everyone involved in a ...

ACTUAL EXAM FOR REAL ESTATE MCQS SUMMARY SOLICITORS ACCOUNTS Entry 2 of a Charges Register states that a conveyance dated 5 October 1999, made between Edward Charles Rigley (1) and Euan Andrew Palenbella (2), contains restrictive covenants. The Land Registry does not have a copy of this conveyance. Which ONE of the following statements about the contents of the conveyance is CORRECT? A. A buyer would be bound by the covenants contained in the missing conveyance, because the Charg...

SUMMARY SOLICITORS ACCOUNTS UPGRADED EXAM WITH CORRECT ANSWERS The Overarching Objective: - CORRECT ANSWER-Rule 1.1 of SRA Accounts Rule - To keep client money safe Office Money: - CORRECT ANSWER-Belongs to firm Client Money: - CORRECT ANSWER-Belongs to clients. Rule 12 SRA 12.2 & 12.7: - CORRECT ANSWER-set out the distinctions between what is client money and what is office money. Rule 12.7 is the main rule listing examples of what is office money Out of scope money: - CORRECT AN...

FLK2 MCQS SUMMARY SOLICITORS ACCOUNTS EXAM (ELABORATED QUESTIONS AND ANSWERS) LATEST The solicitor should pay the whole of the sum into client account and promptly transfer £800 to business account When there is a mixed payment of client money and non-client money, it must be paid into client account, and the non-client money transferred to business account. - CORRECT ANSWER-A solicitor acts for a residential buyer, and the transaction is nearing simultaneous exchange and completio...

SUMMARY SOLICITORS ACCOUNTS EXAM TEST (QUESTIONS AND ANSWERS) UPDATED what system is used for recording solicitors accounts? - CORRECT ANSWER-double entry bookkeeping what are the two aspects of every financial transaction to be logged? - CORRECT ANSWER-Debit DR Credit CR what are the two aspects if the firm pays cash to buy premises? - CORRECT ANSWER1. firm has less cash 2. firm has acquired an asset in the form of premises examples of what will go in the left/debit side column?...

SUMMARY SOLICITORS' ACCOUNTS MCQS PRACTICE EXAM TEST You hold £500 on account of costs for the client. You pay a surveyor's fee of £200 + £40 for the client. The invoice is made out to you. Subsequently you send the clients a bill for £400 in professional charges. The client is registered for VAT. How do you send the VAT invoices? - CORRECT ANSWER-You will send the client one VAT invoice covering the VAT on both the survey and the profit costs. You are holding £600 on account o...

SUMMARY SOLICITOR ACCOUNTS EXAM REVIEW (QUESTIONS AND ANSWERS) What is the overarching objective? - CORRECT ANSWER-Rule 1.1 of the SRA Accounts Rules: "The purpose of these rules is to keep client money safe." What is the main way in which the Rules seek to achieve the overarching objective? - CORRECT ANSWER-Rule 1.2(1): By requiring the firm to keep other people's money separate from the firm's own money What is the fundamental rule concerning client money & office money? - CORR...

Alabama Life and Health Insurance Exam Solved 100% Correct!! a predetermined limit. Insurance is a method risk is transferred to an insurer for consideration up to 1. spouses in each other 2. parents in their children 3. creditors in their debtors Which of the following would be considered proper establishment of insurable interest in the life insurance area? It is called the mortality rate Which of the following statements about the average number of people who die each year is true? ...