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Your agency, Entry Real Estate, sold Guiseppe Butler's property at 143 Violet Place, Jacksonville for $800,000 to Sue Smith on the 1st November 2022. There

Your agency, Entry Real Estate, sold Guiseppe Butler's property at 143 Violet Place, Jacksonville for $800,000 to Sue Smith on the 1st November 2022.

There was the usual, initial cash deposit of 0.25% on exchange of contracts.

Four days later Sue paid the remaining balance of the 10% via bank transfer.

Settlement funds were disbursed on the 8th December 2022 along with the agents 2% commission.

Complete the following ledger with the correct information (ensure monetary values are written as follows: $0,000.00 )

BUTLER to SMITH Ledger: #1056

Property:

, Jacksonville
Date Description Receipt # Chq/Eft Method Amount Balance
01/11/2022

% deposit
101 Cash $

$

05/11/2022 Balance

%

107 Transfer $

$

G Butler -

funds
332 EFT $

$

Entry

333 EFT $

NIL

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