BuyFind

Survey of Accounting (Accounting I)

8th Edition
Carl Warren
Publisher: Cengage Learning
ISBN: 9781305961883
BuyFind

Survey of Accounting (Accounting I)

8th Edition
Carl Warren
Publisher: Cengage Learning
ISBN: 9781305961883

Solutions

Chapter
Section
Chapter 5, Problem 5.11E
Textbook Problem

Internal control of cash receipts
The mailroorn employers send all remittances and remittance adv ices to the cashier. The cashier deposits the cash in the bank and forwards the remittance adv ices and duplicate deposit slips to the Accounting Department.
a. Indicate the weak link in internal control in the handling of cash receipts.
h. How can the weakness he corrected?

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Chapter 5 Solutions

Survey of Accounting (Accounting I)
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