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please help with question for accounting View Policies Current Attempt in Progress Bujold Company has the following internal controls over cash payments, Identify the control
please help with question for accounting
View Policies Current Attempt in Progress Bujold Company has the following internal controls over cash payments, Identify the control activity that is applicable to each of the following Company cheques are pre-numbered! 2 Blank cheques are stored in a safe in the controller's office. All employees in the accounting department are required to take vacations each year > > > > 3. 4. The bank statement is reconciled monthly by the assistant controller. 5 Both the controller and the treasurer are required to sign cheques or authorize EFT 6. Chequesigners are not allowed to record cash payments. is e Textbook and Media Save for later Attempts: 0 of 3 used Submit Answer On August 31, Blossom Company had an unadjusted cash balance of $8,700. An examination of the August bankstatement shows a balance of $7.720 on August 31, bank service charges of $22. deposits in transit of $2.690. interest earned of $11. outstanding cheques of $1,911, and an NSF cheque of $190. Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first) Blossom Company Bank Reconciliation $ $ $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used HI SubmitStep by Step Solution
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