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In a? lock-box system? ________. A. there is a delay in getting the cash into the? company's bank account B. a bank employee empties the
In a? lock-box system? ________.
A.
there is a delay in getting the cash into the? company's bank account
B.
a bank employee empties the box daily and records the deposits into the? company's bank account
C.
a bank employee records the journal entry
D.
customers send their checks directly to a post office box that belongs to the company
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