The accounts in the Property Management ledger are as follows: -

500 Trust Bank Account $ 11,380.00 Debit

530 L Turner (owner) 4,000.00 Credit

540 F Moore(owner) 3,000.00 Credit

550 T Oaks (owner) 2,900.00 Credit

560 Rental Bond Suspense 1, 480.00 Credit

7/5 Paid N Harris for plumbing on behalf of T Oaks $ 160 for property at 2/65 Martin Street.

Paid outstanding amount due to Rental Bond Board

25/5 Paid water rates to City Water for properties owned by
Fred Turner $450
Frank Moore $400
Settled with L Turner. Property Management fees inclusive of GST are $308.00 30/5 Settled property management accounts. Moore Management fee $160 Oaks Management fee $90

record the payments from the trust account in the ledger.

property management ledgers
account name : Bank	account No 500
Date	details	folio No	debit	credit	balance
					$11.380.00

account name : L turner	account No	530
Date	details	folio No	debit	credit	balance
					4,000.00

account name : F moore	account No	540
Date	details	folio No	debit	credit	balance
					3,000.00

account name : T oaks	account No	550
Date	details	folio No	debit	credit	balance
					2,900.00

account name : rental bond board	account No	560
Date	details	folio No	debit	credit	balance
					1,480