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Question 2 (18 Marks) Date ClientDescription Nov Pauline received 51,000 cash from Dan Edwards (client 1) as a retainer on a POA appeal matter 3

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Question 2 (18 Marks) Date ClientDescription Nov Pauline received 51,000 cash from Dan Edwards (client 1) as a retainer on a POA appeal matter 3 Pauline received a retainer of $1,000 from new client Gwen Wallace (client 2) as a retainer on a personal injury matter. Gwen paid half by credit card and half by cash Pauline paid $150 to the Minister of Finance for filing fees with respect to Gwen Wallace matter (chq. 1) Wow 15 Nov 16 Pauline paid $200 to Fast Reporting Inc for transcripts with respect to Dan Edwards metter cha 2) Nov Pauline received a cheque in the amount of $2,500 from Robert Bianchi as a settlement to Gwen Wallace's matter. Pauline deposited the cheque to the trust account then wrole cheque to Gwen Wallace for the same amount (cha 3) REQUIRED: 1) Create the appropriate trust bank journal entries to record the transactions shown above (9 Marks) 2) Create a client trust ledger for client 1, Dan Edwards. (3 Marks) 3) Create a client trust ledger for client 2. Gwen Wallace. (6 Marks)

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