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You observed the following procedures around cash receipts of company ABC. Jane is the cashier, she gets the checks and deposits then into ABCs bank
You observed the following procedures around cash receipts of company ABC. Jane is the cashier, she gets the checks and deposits then into ABCs bank account. Ray is the accounting clerk. He gets the remittance advices and records cash receipts in the companys books. Melissa is the controller, she reconciles.
Question: what was deposited into the account with the records in the companys books
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