Business Finance
ACCT 200 Cape Central High School Foundations of Accounting Worksheet

ACCT 200

Cape Central High School

ACCT

Question Description

I don’t understand this Accounting question and need help to study.

E8-2 on page 8-37 (10 Points)

E8-5 on page 8-37 (10 Points)

E8-14 on page 8-40 (10 Points)

P8-3A on page 8-42 (15 Points)

P8-4A on page 8-42 (25Points)

Complete the exercises using MS-Excel, using functions and formulas as appropriate. Save the file as lastname_ACCT2200_Unit6.xlsx

Questions are on the pdf linked below

https://www.academia.edu/41869556/Accounting_Princ...

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Hey,This is the final assignment. Please check it and tell me if you need any modifications.Thanks

E-8.2
Control Procedure

Internal Control Weakness

Principle Violated

1

To minimize the risk of
robbery, cash in excess of $100 Cash is not adequately
protected from theft. Anyone
is stored in an unlocked
can access the cash
briefcase in the stock room
until it is deposited in the bank

2

All over-the-counter receipts
are processed by three clerks
who use a cash register with a
single cash drawer

Inability to establish
Establishment of
responsibility of handing cash
responsibility
to a particular clerk

3

The company accountant
makes the bank deposit and
then records the day’s receipts

Accountants should not handle Segregation of
the cash
duties

4

At the end of each day, the total
Cash is not independently
receipts are counted by the
cashier on duty and reconciled coun...

hinanoureen (1823)
New York University

Anonymous
Top quality work from this tutor! I’ll be back!

Anonymous
It’s my second time using SP and the work has been great back to back :) The one and only resource on the Interwebs for the work that needs to be done!

Anonymous
Thanks, good work

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
Similar Questions
Related Tags