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ii. Review the following transactions and for each transaction determine whether it involves trust accounts or agency finances TRANSACTION Trust A/c Agency Finances Rent payment

ii. Review the following transactions and for each transaction determine whether it involves trust accounts or agency finances TRANSACTION Trust A/c Agency Finances Rent payment Deposit on House Advertising contribution towards an approved budget Payment of monthly advertising account Payment of wages Repairs and maintenance on managed properties New window display cabinet Rent for office Office Principal drawings Credit card payment Settlement of sale payment to vendor and agency commission End of month rent payments to landlord

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