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Which of the following is true of good internal controls over payroll? A. Hiring and firing employees should not be separated from accounting and from
Which of the following is true of good internal controls over payroll? A. Hiring and firing employees should not be separated from accounting and from disbursing paychecl B. Cash receipts from customers should be separated from the accounting for accounts receivable C. Accounting for payroll should be separate from hiring and firing of employees. D. Disbursement of paychecks should not be separate from the function of maintaining payroil record Ryan Company maintairs a suparate accounts recelvable subeldiary account for each customer. The Accounts frecetvable control account has a detat balance of S5 000 on dune 1 On June 18, Ryan provides 56,100 of services on account to customer Wiliams and 51,500 of services on account 10 outhomer Schutz. What in the batince in the heconuns Receivable control account after these transactions? A. a debit balance of 512,600 B. a credit balance of 512,600 C. a debit balance of $2,600 D. a credit balance of $2,600
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