Question: 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

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
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