Idaho License Law
Under IDAPA 33.01.01, which document must an Idaho broker maintain for each trust account transaction?
AOnly the deposit receipt
BA journal showing all receipts and disbursements with running balance✓ Correct
COnly the closing statement
DA summary prepared annually by a CPA
Explanation
Idaho brokers must maintain a journal for each trust account showing all receipts and disbursements with a running balance. These records must be available for inspection and retained for 3 years.
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