Trust Accounting Maintenance Guide Questions and Answers

Question-1 Identify whether the following transactions are recorded in the Trust Cash Receipts Journal,thrust Cash Payments Journal or Neither(they do not trust Account transactions). Transaction Trust Cash Receipts Journal Trust Cash Payments Journal Neither(No Trust Account) Rent money paid by a tenant Pay office window cleaning Pay repairs to rent a property Receiver 1mb meant for Advertising Pay water rates for Landlord Receive cash for Bond Receive preliminary deposit from a tenant Pay sales commission to staff       Are you looking for Assignment Help online? Get a free consultation with our professional expertise. Choose Assignment Services here. Question-2 Read More …