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E7-2A Internal Controls for Cash Received on Account Hudson Company sells supplies to restaurants. Most sales are made on open account (credit sales). Hudson has
E7-2A Internal Controls for Cash Received on Account Hudson Company sells supplies to restaurants. Most sales are made on open account (credit sales). Hudson has requested your help in designing procedures for processing checks received from its customers. Briefly describe the procedures that should be used in each of the following departments:
a. Mailroom
b. Treasurers department
c. Controllers department
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