In Australia

1) Explain how authorisation is given for payments made from the trust account, in the following circumstances:

Activity Your answer a) Settlement of a sale and payment of commission to an agent b) Payment of an invoice by the landlord.Activity Your answer c) Payment of commission from landlord d) Payment of advertising expenses on behalf of a vendorIssue Actions Overdrawn trust account Compromised Trust account A discrepancy in Trust account Unclaimed funds in the trust accountPayment forms Responsibilities and actions Cash Cheque EFT Direct depositDocument Purpose Rent receipt Sales receipt Trust receipt cashbook Trust payment cashbook Ledgers Trial BalanceDocument Purpose Bank reconciliation (50-100) Internal audit schedules External Audit schedules