Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Paul Bell lives at 45 York St and his rent is $500 per week. The property is owned by Steve Smith. Paul's rent was paid

image text in transcribed
Paul Bell lives at 45 York St and his rent is $500 per week. The property is owned by Steve Smith. Paul's rent was paid up until yesterday. Paul has come into your ofce today with a cheque to pay two weeks rent. Complete the receipt for his rent. The agency has just sold 22 Todd Avenue, the vendor Ma rk Jacobs is very excited with the sales price of $390,000. Wei Yong the purchaser, has come to pay the 10% deposit. 1. Complete the receipts for these transactions. 2. When would you bank these funds? 3. How would payments be made out of the trust account? 4 . 4. Explain H10 legislative requirements for end of month processing for dust accounts. Write your answer here Excellence Property Management Trust Account 30-32 Wentworth Aye Sydney Date Receipt no 223 Received from Thesumof Being for Property details Period 51'01'Ll3

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law For Recreation And Sport Managers

Authors: Doyice J Cotten, John Wolohan

8th Edition

179244429X, 978-1792444296

More Books

Students also viewed these Law questions

Question

3. On the playground, raise a hand or whistle to indicate Line up.

Answered: 1 week ago