Work through the following table and indicate whether each record should be kept or destroyed. Detail the reason for your answer and how long the record should be kept (for example, legislation requirement – retain for five years).
|Record||Keep – Yes or No||Reasons|
|Employee Time Sheets from 1975|
|Profit & Loss and Balance Sheets from 2018|
|Trust Account Audit Reports|
|Emails received offering cheap stationery|
|Sales and Property Management Files|
|Staff Files of employees no longer employed by business|