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Listed below are three procedures followed by Garys Sporting Goods, owned by Gary Stanten. Listed below are three procedures followed by Gary's Sporting Goods, owned
Listed below are three procedures followed by Gary’s Sporting Goods, owned by Gary Stanten.
Listed below are three procedures followed by Gary's Sporting Goods, owned by Gary Stanten. Indicate whether each procedure is an example of a strong internal control or a weak internal control. . Cashiers accept cash from custorners and use a cash register. At the end of the day, the cashiers put the cash in the safe and record a journal entry in the accounting information system. b. On a monthly basis, Gary takes the cash from the safe and deposits the cash in the . bank.
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College Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell
1st Edition
119-40600-6, 978-1119405962
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