When a licensee draws a cheque from a trust account to process with an expense, deduction, fee,

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When a licensee draws a cheque from a trust account to process with an expense, deduction, fee, or commission.What process needs to be followed and what records need to be kept?

Provide a detailed response that includes all steps and assurances the licensee must take to ensure a compliant process.

Related Book For answer-question

Modern Advanced Accounting in Canada

ISBN: 978-1259087554

8th edition

Authors: Hilton Murray, Herauf Darrell

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Posted Date: Jul 11, 2023 12:13 AM

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When a licensee draws a cheque from a trust account to process with an expense, deduction, fee,

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When a licensee draws a cheque from a trust account to process an expense deduction fee or commission it is important to follow a compliant process and maintain accurate records Here are the detailed ... View the full answer

Modern Advanced Accounting in Canada

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