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A manual cash receipt system will: Group of answer choices Use a Remittance Advice to apply cash to the AP subsidiary ledger Compare Remittance List
A manual cash receipt system will:
Group of answer choices
Use a Remittance Advice to apply cash to the AP subsidiary ledger
Compare Remittance List to Cash Applied Report to look for errors in cash applied to accounts.
Match Remittance Advice to the appropriate Cash Disbursement
Match the Remittance List to the AP Report to determine if cash may have been stolen
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