subject
Business, 21.03.2020 03:04 jade5801

Jolson Company has the following internal control procedures over cash receipts. Identify the internal control principle that is applicable to each procedure. (a) All over-the-counter receipts are entered in cash registers. select the internal control principle (b) All cashiers are bonded. select the internal control principle (c) Daily cash counts are made by cashier department supervisors. select the internal control principle (d) The duties of receiving cash, recording cash, and having custody of cash are assigned to different individuals. select the internal control principle (e) Only cashiers may operate cash registers.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, JuanTorres7
On january 1, 2018, red flash photography had the following balances: cash, $19,000; supplies, $8,700; land, $67,000; deferred revenue, $5,700; common stock $57,000; and retained earnings, $32,000. during 2018, the company had the following transactions: 1. february 15 issue additional shares of common stock, $27,000. 2. may 20 provide services to customers for cash, $42,000, and on account, $37,000. 3. august 31 pay salaries to employees for work in 2018, $30,000. 4. october 1 purchase rental space for one year, $19,000. 5. november 17 purchase supplies on account, $29,000. 6. december 30 pay dividends, $2,700. the following information is available on december 31, 2018: 1. employees are owed an additional $4,700 in salaries. 2. three months of the rental space has expired. 3. supplies of $5,700 remain on hand. 4. all of the services associated with the beginning deferred revenue have been performed. required: 1. record the transactions that occurred during the year.2. record the adjusting entries at the end of the year.3. prepare an adjusted trial balance.4. prepare an income statement, statement of stockholders’ equity, and classified balance sheet.5. prepare closing entries.
Answers: 2
image
Business, 22.06.2019 11:00, roseemariehunter12
In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e. g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000
Answers: 3
image
Business, 22.06.2019 11:00, dxpebetty64
Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.
Answers: 1
image
Business, 23.06.2019 01:30, minecrafter3882
What is the name of the company and the stock symbol you chose? what is the p/e ratio? what information did you find about the company? why did you choose this stock? company name: stock symbol: p/e ratio: information about the company: why did you choose this stock?
Answers: 2
You know the right answer?
Jolson Company has the following internal control procedures over cash receipts. Identify the intern...

Questions in other subjects:

Konu
Chemistry, 06.05.2021 02:10
Konu
Mathematics, 06.05.2021 02:10