please write the answers for reconciliation 1,2and 3

Reconciliation1

Belowarethefollowingfor the PropertyManagementTrust Account:

TheTrustCashBookReceiptsandPaymentsforMay20XX

BankStatementasat31May20XX

YouaretoreconcilethecashbooktotheBankStatementusingthetemplateprovided

CASHBOOK-RECEIPTSIDE(TCR) S-CB1
Date 20xx	Rec#	Type	Receivedfrom	OnAccountof	LF	Transaction	Amount	DailyBank
1/5						BalanceBrought Forward		0.00
2/5	223	Cash	PaulBell	JasonBrown	10	RentX2	900.00
	224	Cash	AndyShort	JasonBrown	10	RentX1	550.00	1,450.00
3/5	225	Cash	PeterEdgar	Steve Smith	20	RentX2	1,000.00
	226	Chq	AlfredThomas	GrantRoberts	30	RentX1	470.00	1,470.00
4/5	227	Chq	AlisonSommers	Steve Smith	20	RentX2	1,200.00	1,200.00
23/5	233	Cash	PaulBell	JasonBrown	10	RentX2	900.00
	234	Cash	PeterEdgar	Steve Smith	20	RentX2	1,000.00	1,900.00
						BalanceBroughtDown	6,020.00	6,020.00

THINKREALTYPROPERTYMANAGEMENTTRUSTACCOUNT TRUST CASH BOOK

CASHBOOK-PAYMENTSIDE(TCR) S-CB1
TransactionDate	EFTNo.	CHQ No	Payee	OnAccountof	LF	Transaction	Amount
5 May		2641	CityWater	JBrown	10	WaterRates	250.00
31May	328		JasonBrown	JBrown	10	Settlement	1,931.25
	329		Steve Smith	S Smith	20	Settlement	2,960.00
		2642	GrantRoberts	G Roberts	30	Settlement	434.75
	331		ThinkRealty	J Brown/Smith	10/20	ManagementFee	444.00
						Total	6,020.00
					BalanceBroughtDown	0
						FinalTotal	0

THINKREALTYPROPERTYMANAGEMENTTRUSTACCOUNT TRUST CASH BOOK

ThinkRealtyPropertyManagementTrustAccount

BankStatementasat31May20xx

Date	Details/Reference	Debit	Credit	Balance
Balance b/f				0.00
3-May	Receipts		1,450.00	1,450.00
4-May	Receipts		1,470.00	2,920.00
5-May	Receipts		1,200.00	4,120.00
24-May	Receipts		1,900.00	6,020.00
27-May	2641	250.00		5,770.00
31-May	328	1,931.25		3,838.75
	329	2,960.00		878.57
	331	444.00		434.75

Youaretoacceptalltheentriesinthebankstatementinthisexercisearecorrect

INSTRUCTIONS

OnthenextpageyouaretoreconciletheTrustAccounttothebankstatement

THINKREALTYSALESTRUSTACCOUNT

BankReconciliationasat

Balanceasperbankstatement $

ADDOutstandingDeposits

SubTotal	$
AddBankCharges AddTotalAdjustments	$	$
LESSUnpresentedChequesChq# Amount

Subtotal	$
LessTotalAdjustments CRBalanceasperbankstatement(adjusted)	$	$
DRBalanceaspercashbook		$

ASSESSOR USEONLY

S

NS

Reconciliation2

BelowarethefollowingfortheSalesTrustAccount:

TheTrustCashBookReceiptsandPaymentsforMay20XX

BankStatementasat31May20XX

YouaretoreconcilethecashbooktotheBankStatementusingthetemplateprovided

CASHBOOK-RECEIPTSIDE(TCR) S-CB1
Date 20xx	Rec#	Type	Receivedfrom	OnAccountof	LF	Transaction	Amount	DailyBank
1/5						Balance B/F		274,180
10/5	229	Cash	RogerHamilton	RogerHamilton	50	Advertising Contrib	1,600.00	1,600.00
19/5	231	Chq	JonJames	YatestoJames	60	10%Deposit	122,000.00	122,000.00
21/5	232	Chq	Bert&MaryStewart	HamiltontoStewart	50	10%Deposit	60,000.00	60,000.00
31/5	233	Chq	MStarc	Hazelwood toStarc	70	5% Deposit	50,000	50,000
						BalB/d		507,780.00

THINKREALTYSALESTRUSTACCOUNT TRUST CASH BOOK

CASHBOOK-PAYMENTSIDE(TCR) S-CB1
Date	EFT#	CHQ#	Payee	OnAccountof	LF	Transaction	Amount
5 May	407		Aganovski	Aganovski	21	Settlement	82,500.00
5 May	408		ThinkRealty	Aganovski	21	Commission	25,500.00
31May		6324	XYZRealty	Smith	11	ReleaseofDep	60,500.00
						Total	168,500.00
						Brought Down	507,780.00
						FinalTotal	339,280.00

THINKREALTYSALESTRUSTACCOUNT TRUST CASH BOOK

ThinkRealtySalesTrustAccount

BankStatementasat31May20xx

Date	Details/Reference	Debit	Credit	Balance
Balance b/f				274,180.00
5May20XX	EFT407	82,500.00		191,680.00
5May20XX	EFT408	25,500		166,180.00
11May20xx	Receipts		1,600.00	157,780.00
20May20xx	Receipts		122,000.00	289.780.00
22May20xx	Receipts		60,000.00	349,780.00
	CLOSINGBALANCE			349,780.00

Youaretoacceptalltheentriesinthebankstatementinthisexercisearecorrect

INSTRUCTIONS

OnthenextpageyouaretoreconciletheTrustAccounttothebankstatement

THINKREALTYSALESTRUSTACCOUNT

BankReconciliationasat

Balanceasperbankstatement $

ADDOutstandingDeposits

SubTotal	$
AddBankCharges AddTotalAdjustments	$	$
LESSUnpresentedChequesChq# Amount

Subtotal	$
LessTotalAdjustments CRBalanceasperbankstatement(adjusted)	$	$
DRBalanceaspercashbook		$

ASSESSOR USEONLY

S

NS

Reconciliation3

BelowarethefollowingfortheProperty ManagementTrustAccount:

TheTrustCashBookReceiptsandPaymentsforJune20XX

BankStatementasat30June20XX

YouaretoreconcilethecashbooktotheBankStatementusingthetemplateprovided

InthisreconciliationyouwillfinderrorsintheBankStatementandtheTrustAccountrecords You are to in the spaces provided: -

Correctlycompletethecashbook and bring thebalancedown.

Preparea bankreconciliationreport

THINKREALTYSALESTRUSTACCOUNTTRUSTCASHBOOK

CASHBOOK-RECEIPTSIDE(TCR) S-CB1
Date 20xx	Rec #	Type	Receivedfrom	OnAccountof	LF	Transaction	Amount	DailyBank
1/5						Balanceb/f		19,010.00
7/5	200	EFT 345	JBrown	RoetoBrown	300	Deposit	65,000.00	65,000.00
11/5	201	EFT 348	K Morrow	HilltoMorrow	310	Deposit	30,000.00	30,000.00
14/5	202	Cheque	Gow	Gow	320	Advertcontrib	1,500.00
	203	Cheque	Faith	Faith	330	149Cert	120.00	1,620.00
15/5	203	Cash	Kim	Leeto Kim	340	HoldingDep	1,000.00	1,000.00
17/5	204	EFT 358	Walford	Walford	350	Auctionfee	3,500.00	3,500.00
18/5	205	Cheque	RFuller	DowneytoFuller	360	5% deposit	30,500.00	30,500.00
28/5	208	EFT 360	K Dully	Hartto Dully	370	Deposit	20,000.00	20,000.00
29/5	209	EFT361	Kelly	PoulostoKelly	380	Deposit	130,000.00	130,000.00
31/5	210	Cheque	RFuller	DowneytoFuller	360	5% deposit	30,500.00	30,500.00
							TOTAL	$331,130
ASSESSOR USEONLY	S	NS

THINKREALTYSALESTRUSTACCOUNTTRUSTCASHBOOK

CASHBOOK-PAYMENTSIDE(TCR) S-CB1
Date	Chq#	EFT#	Payee	OnAccountof	LF	Transaction	Amount
1/5	44		Buildrite	Faith	330	Inspection	2,400.00
	45		Redback Pest Control	Faith	330	Inspection	800.00
3/5		606	ThinkRealty	MetcalftoJames	80	Commission	4,700.00
		666	James	MetcalftoJames	80	Settlement	11,110.00
16/5		672	FarWestNews	Gow	320	Ads	1,477.00
20/5	46		FarWestCouncil	Faith	330	149Cert	120.00
26/5	47		Domain	Gow	320	Ads	656.00
27/5	48		Advance Signs	Gow	320	Signboard	460.00
30/5	Adjustment	Fuller	DowneytoFuller	360	Dishonoured Cheque	30,500.00
						TOTAL	$52,223
						BroughtDow	$331,130
						FINALTOTAL	$278,907
ASSESSOR USEONLY	S	NS

ThinkRealtySalesTrustAccount

BankStatementasat31May20xx

Youaretoacceptalltheentriesinthebankstatementinthisexercisearecorrect

INSTRUCTIONS

OnthenextpageyouaretoreconciletheTrustAccounttothebankstatement

Date	Details/Reference	Debit	Credit	Balance
Balance b/f				19,010.00	CR
3 May	EFT606	4,700.00		14,310.00	CR
	EFT666	11,110.00		3,200.00	CR
6 May	Chq 44	2,400.00		800.00	CR
7 May	EFT 345-RefBrown		65,000.00	65,800.00	CR
10 May	Chq 45	800.00		65,000.00	CR
11 May	EFT 348RefMorrow		30,000.00	95,000.00	CR
15 May	Manual Deposits		1,620.00	96,620.00	CR
16 May	CashDeposit		1,000.00	97,620.00	CR
17 May	EFT 358RefWalford		3,500.00	101,120.00	CR
19 May	DepositChq		30,500.00	131,620.00	CR
19 May	EFT672	1,477.00		130,143.00	CR
28 May	Chq.47	656.00		129,487.00
29 May	EFT 360-RefDully		20,000.00	149,487.00	CR
29 May	Chq 46	120.00		149,367.00
	EFT 361-RefThomas		130,000.00	279,367.00	CR
30 May	DishonouredChq-Fuller	30,500.00		248,867.00	CR
31 May	BankCharges	173.00		248,694.00	CR

INSTRUCTIONS

OnthenextpageyouaretoreconciletheTrustAccounttothebankstatement

THINKREALTYSALESTRUSTACCOUNT

BankReconciliationasat

Balanceasperbankstatement $

ADDOutstandingDeposits

SubTotal	$
AddBankCharges AddTotalAdjustments	$	$
LESSUnpresentedChequesChq# Amount

Subtotal	$
LessTotalAdjustments CRBalanceasperbankstatement(adjusted)	$	$
DRBalanceaspercashbook		$

THINK REALTY SALES TRUST ACCOUNT Bank Reconciliation as at Balance as per bank statement $ ADD Outstanding Deposits Sub Total Add Bank Charges Add Total Adjustments S LESS Unpresented Cheques Cha# Amount Sub total $ Less Total Adjustments CR Balance as per bank statement (adjusted) DR Balance as per cash book ASSESSOR USE ONLY S NS 2. CPPREP4125-Transact in trust accounts Version 2.1 29 March 2022 Page 26 of 35 DOCUMENT LOCATION: Sharepoint/NSW/CPP41419/CPPREP4125THINK REALTY SALES TRUST ACCOUNT Bank Reconciliation as at Balance as per bank statement $ ADD Outstanding Deposits Sub Total Add Bank Charges Add Total Adjustments S LESS Unpresented Cheques Cha# Amount Sub total $ Less Total Adjustments CR Balance as per bank statement (adjusted) DR Balance as per cash book ASSESSOR USE ONLY S NS 2. CPPREP4125-Transact in trust accounts Version 2.1 29 March 2022 Page 29 of 35 DOCUMENT LOCATION: Sharepoint/NSW/CPP41419/CPPREP4125THINK REALTY SALES TRUST ACCOUNT Bank Reconciliation as at Balance as per bank statement $ ADD Outstanding Deposits Sub Total Add Bank Charges Add Total Adjustments S LESS Unpresented Cheques Cha# Amount Sub total $ Less Total Adjustments CR Balance as per bank statement (adjusted) DR Balance as per cash book ASSESSOR USE ONLY S NS 2. CPPREP4125-Transact in trust accounts Version 2.1 29 March 2022 Page 33 of 35 DOCUMENT LOCATION: Sharepoint/NSW/CPP41419/CPPREP4125