lyndaj
Level 2

SALE OF CLIENT LIST

I have been searching for hours.  I have a client, an attorney, who took a position with the State's Attorney's Office.  She did not want to completely sell her business, so she just sold the client list and "goodwill" and is technically keeping her business alive until she is sure this is the right move for her.  How do I record the receipt of the funds from the purchasing attorney?  Thank you.