As long as the same person deposits customer checks and makes the journal entry to customer accounts,there will be good internal control over cash receipts.

Name: As long as the same person deposits customer checks and makes the journal entry to customer accounts,there will be good internal control over cash receipts.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cashier deposits checks and the accounting departments uses the remittance advices to record the journal entries to Cash and customer accounts.

As Long as the Same Person Deposits Customer Checks and Makes