Where would you find every escrow entry showing the running balance after each receipt or disbursement?

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03-08-2017
Business

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Where would you find every escrow entry showing the running balance after each receipt or disbursement?

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meerkat18 meerkat18 · Answer 1 · 2017-08-16T10:42:02+02:00

meerkat18 meerkat18

16-08-2017

You will find every escrow entry showing the running balance after each receipt or disbursement in a journal kept by the sponsoring broker. This journal must show the chronological order of the transactions when funds are received or disbursed by the sponsoring broker.

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