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Answer to Question #227408 in Accounting for jen

Question #227408

If the amount owing on a clients’ business account exceeds the amount available on the clients’ trust creditors account, then the amount to be transferred from trust account to the business account is limited to the amount available on the trust creditors account. True or False?


1
Expert's answer
2021-08-19T12:40:18-0400

True


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