Donovan Dressler has decided to try and cut his overhead by working from home. His mother is helping him with day-to-day office tasks until he can afford a new assistant. On Monday he returned from court and his mother advised him of the following items that came in the mail: A cheque from Client 4 in the amount of $1,000 for a retainer; an invoice from the LSO for outstanding fees of $1,500 including HST; and a cheque in the amount of $500 as partial payment on an invoice to client 3. Donovan also received an invoice from his former office for rent owed in the amount of $300.

Where should Dovovan deposit the partial payment from client 3?

Trust account

General account

Personal account

Investment account

Where should Donovan record the partial payment he received from client 3?

Trust receipts journal

Trust disbursement journal

General receipts journal

General disbursement journal

If Donovan writes a cheque to the LSO for the payment due on their invoice, where should he record the payment?

Trust receipts journal

Trust disbursement journal

General receipts journal

General disbursement journal

From which account should Donovan pay the rent he owes?

Personal account

Trust

General

Investment account

Where should Donovan record the payment of rent?

Trust receipts journal

Trust disbursement journal

General receipts journal

General disbursement journal