What is the duty of accounting an agent owes to a principal,and how would an agent satisfy that duty? Specify what actions an agent must take with regard to the accounts of a principal.

Under the duty of accounting,the agent must keep an accurate account of the transactions of money and property made on behalf of the principal.In order to satisfy the duty of accounting,if the principal requests to see the accounting,the agent has a duty to provide the principal with the accounting.Part of the duty of accounting is the duty of the agent to keep separate accounts for the principal's funds and the agent's funds.