show correct work acc 101

8 The principles of internal control include: 2. Bond all employees b. Maintain minimal records c. Use only computerized systems d. Establish responsibilities e. All of the above are principles of internal control. 9 Internal control procedures for cash receipts require that Custody overcash is kept separate from its recordkeeping b. Cash sales should be recorded on a cash register at the time of each Clerks having to cash inschregler should not have access to the register tape of file. d. An employee with no access to cash receipts) should compare the telcach recorded by the register with c. All of the choices are required internal control procedures for cash receipts. 10 Pedulla Company sells 520,000 of their accounts receivable to Banco Santander on June 10, 2019. Banco Santander charges Pedulla Company a factoring fee. What would Pedulla Con c ordat une 30, 2019 and who possess the risk of had berom the receivables. Pedulo Santander DRC $20,000, CR Notes Payable $20.000 Pedaal b. DRC 520,000, R Notes P 2 0,000 Santander C DR Cash 18.00: DR. Factoring Fee Expense $1,400; CR Accounts Receivable $20,000 Pedulla) d. DR Cash $1.0, DR Factoring Pee Expense $1,400, CR Accounts Receivable $20,000,Santander DR Ch 518,600; DR Factoring Fee Expense $1,400 CR Notes Payable $20,000 Pedulla