The trust account receipt must contain: a. : the name under which the estate agent carries on business as an estate

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ASSESSMENT TASK 1 – Multiple Choice Questions

Question

3. The trust account receipt must contain:

  1. the name under which the estate agent carries on business as an estate agent
  2. the number of the receipt
  3. the date the receipt is made out and, if different, the date on which the trust money is received
  4. the amount of the money received
  5. the form in which the money was received including in cash or by cheque or by electronic funds transfer or otherwise
  6. the name of the person from whom the money was received
  7. the name and reference number or other identification of the person on whose behalf the money was received
  8. particulars sufficient to identify the purpose for which the money was received
  9. the name of the person who made out the receipt
  10. all the above

Solution

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