2831.1. Separate Record for Each Beneficiary or Transaction.
(a) A broker shall keep a separate record for each beneficiary or transaction, accounting for all funds which have been
deposited to the broker’s trust bank account and interest, if any, earned on the funds on deposit. This record shall include
information sufficient to identify the transaction and the parties to the transaction. Each record shall set forth in
chronological sequence the following information in columnar form:
(1) Date of deposit.
(2) Amount of deposit.
(3) Date of each related disbursement.
(4) Check number of each related disbursement.
(5) Amount of each related disbursement.
(6) If applicable, dates and amounts of interest earned and credited to the account.
(7) Balance after posting transactions on any date.
(b) Maintenance of trust ledgers of separate beneficiaries or transactions, or similar records, or automated data
processing systems, including computer systems and electronic storage and manipulation of information and documents,
in accordance with generally accepted accounting principles will constitute compliance with subdivision (a), provided
that such ledgers, records, or systems contain the elements required by subdivision (a) and that such elements are
maintained in a format that will readily enable tracing and reconciliation in accordance with Section 2831.2.