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In the final step of the control process the controller compares the records of the day's cash receipts, as follows: (What would the controller look
In the final step of the control process the controller compares the records of the day's cash receipts, as follows: (What would the controller look at to see the amount of cash that went into the bank, and who would provide him with the backup?) 1. Bank deposit amount from the treasurer (What would the controller look at to see what was recorded by the Company, and who would provide him with the data?) 2. Debit to Cash from the accounting department This comparison ensures that the credit to Cash is equal to the total checks pald that the debit to Cash is equal to the amount deposited in the bank that the debit to Cash is greater than the amount deposited in the bank that the debit to Cash is less than the amount deposited in the bank
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