An individual client's trust account balance is found
A) in the cash receipts journal
B) in the cash payments journal
C) on a check for disbursed funds
D) on the client ledger sheet
E) on the bank statement
Correct Answer:
Verified
Q6: Whenever a check is written,it is documented
Q7: Before a check is deposited into a
Q8: Which of the following documents withdrawals of
Q9: Segregation of cash is
A)keeping clients' funds separate
Q10: The purpose of a trust account is
Q12: Some insurance companies require that firms keep
Q13: Commingling is
A)depositing money in the trust account
Q14: IOLTA programs
A)provide continuing legal education for attorneys
B)provide
Q15: When funds are deposited into a client's
Q16: When a fee advance is deposited into
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