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Part B - Practical activity I You have decided to start a property management section in your business 'Eyansdale Realty 'and are using a manual
Part B - Practical activity I You have decided to start a property management section in your business 'Eyansdale Realty 'and are using a manual system until it gets enough clients to purchase a computerised software programme. I You are to complete the appropriate books of account for the dedicated Property Management trust account to ensure an accurate record of client's transactions. based on the following scenario: I Correctly complete the Trust Receipt and Payment Journal (Cashbooks) I Correctly complete the Trust Ledger and Trust Trial Balance as at 3D May. 201? I Using the Trust Cash Book and ledger records of Evansdale Realty that you have completed, prepare a Trust Bank Reconciliation so it complies with the Regulations. You are entitled to assume that the bank statement is correct. Scenario I Students to note the following: I The Trust Cash Book, Trust Ledger, Trust Trial Balance and Bank Reconciliation are to be completed so as to comply with the appropriate legislation in your State. M02219: Assessmerl 1, Llnl GPPDSHHMER. Ed 3
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