Jackson Money Woes Continue

With two lawsuits against Michael Jackson on the docket, there appears to be more evidence that doing business with the former pop star should be by cash only.

Jackson has been sued before, and this time his former accounting firm and a company that installed TVs at Neverland ranch are after him.

Bernstein, Fox, Whitman, Goldman & Sloan is seeking nearly $1 million from Jackson, according to the Los Angeles Times. Jacko fired the accountants last summer.

In turn, the musician is suing the firm, alleging it withdrew $2.5 million from his accounts but failed to pay his bills properly, the paper said.

Meanwhile, Video & Audio Center is suing Jackson for $109,540 plus change for the TV installations. Jackson paid $25,000 in June, according to the paper, but the balance was not delivered once the accountants was fired.

Jackson’s new representative said "bad cash flow" was responsible for the late payments, a Video & Audio Center attorney told the Times.

The accounting firm is suing for administering payroll for Jackson’s companies and processing the singer’s medical reimbursement claims among other duties, according to the paper.