Why should employee pay checks be drawn against a special checking account?

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Accounting Information System

ISBN: 9781439078570

7th Edition

Authors: James A. Hall

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Question Posted: Nov 28, 2012 07:17 AM

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Why should employee pay checks be drawn against a special checking account?

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A separate imprest account is established for the exact amount of the payroll base...View the full answer

Accounting Information System

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