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E8-15 When you pay for goods at La Tienda Foods, the cash register displays the amount of the sale, the cash received, and any change

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E8-15 When you pay for goods at La Tienda Foods, the cash register displays the amount of the sale, the cash received, and any change returned to you. Suppose the register also produces a customer receipt but keeps no record of the sales transactions. At the end of the day, the clerk counts the cash in the register and gives it to the cashier for deposit in the company bank account. Required Write a memo to Mia Francesca, the owner. Identify the internal control weakness over cash receipts, and explain how the weakness gives an employee the opportunity to steal cash. State how to prevent such a theft. Evaluating internal control over cash receipts

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