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Task 2 You are to complete the receipting process for each of the following transactions that are trust funds received by the agency. This includes:

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Task 2 You are to complete the receipting process for each of the following transactions that are trust funds received by the agency. This includes: 0 Issues a Trust Account Receipt to the relevant party 0 Preparing a Trust Account Deposit Book/Banking Summary 0 Completing the relevant transactions by completing the relevant Cashbook (also known as a Journal) and Ledgers (Note you can number the ledgers how you like. Please make sure you are referencing them correctly using the LF columns). Also ensure that the tota credit of the ledgers equals the total debit in the Trust Account Ledger. The money received by the agency in the month is as follows May 2nd ' Received cash from Paul Bell paying rent to 2/5/20xx rent - property at 1/25 John Street, Strathfield owned by Jason Brown $450 ' Peter Edgar paid 2 weeks rent of $1,500 by EFT. The duplex is owned by Steve Smith and is at 2/106 Gibbes Avenue, Rockdale ' Alfred Thomas paid 1 weeks rent. The amount of the cheque was $670, the house at 42 Princess Street, Mortlake is owned by Grant Roberts paying up to 7/5/20xx ' Alison Sommers is a new tenant in the other duplex owned by Steve Smith at 1/106 Gibbes Avenue, Rockdale . She paid $1,000 for rent in cash and $2000 for bond by cheque made out to the Rental Bond Boa rd ' The townhouse owned by Roger Hamilton at 43 Boundary Road, Penshurst is being auctioned on Saturday week. He transferred to the agency $600 for part of the agreed advertising contribution ' Rose Harris paid for repairs she is responsible for to be carried out to the property she was renting from Steve Smith at 108 Gibbes Avenue, Rockdale. The CBA bank cheque was for $750 ' Jon James paid a 5% deposit on a house owned by Yates at 25 Station Place, Tempe. The deposit was by an ANZ EFT for $22,000 Note that Smith wants his rent for each property kept and accounted for sepa rateiy You are to assume that the receipts are created with duplicates

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