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QUESTION 4 (14 marks) (16 minutes) Commence this question on a new (separate) page. 1 Name 3 (three) payments that attorneys are allowed to make
QUESTION 4 (14 marks) (16 minutes) Commence this question on a new (separate) page. 1 Name 3 (three) payments that attorneys are allowed to make from the trust bank account (3). 2 Name 2 (Two) source documents from which entnes can be made in a cash receipts journal and 2 (two) source documents from which entnes can be made in a cash payments journal (4) 3 Name three (3) expenses of an attorney's practice for which interest earned on a trust bank account can be used for (3) 4 Name and briefly explain 4 (four) items that should be included in the financial planning of the law practice (4) (14) QUESTION 4 (14 marks) (16 minutes) Commence this question on a new (separate) page. 1 Name 3 (three) payments that attorneys are allowed to make from the trust bank account (3). 2 Name 2 (Two) source documents from which entnes can be made in a cash receipts journal and 2 (two) source documents from which entnes can be made in a cash payments journal (4) 3 Name three (3) expenses of an attorney's practice for which interest earned on a trust bank account can be used for (3) 4 Name and briefly explain 4 (four) items that should be included in the financial planning of the law practice (4) (14)
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