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Chapter 6: Cash, Fraud and Internal Controls

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Financial & Managerial Accounting
Pages: 276 - 319

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117 Questions for Chapter 6: Cash, Fraud and Internal Controls

  1. Prepare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation in Exercise 6-9.

    Found on Page 308
  2. Answer each of the following related to international accounting standards.

    Found on Page 306
  3. Answer each of the following related to international accounting standards.

    Found on Page 306
  4. Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on May 31, 2017, its Cash account shows a $27,500 debit balance. The company’s May 31 bank statement shows $25,800 on deposit in the bank. Prepare a bank reconciliation for the company using the following information.

    Found on Page 308
  5. Match each document in a voucher system in column one with its description in column two.

    Found on Page 309
  6. BTN 6-1 Refer to Apple’s financial statements in Appendix A to answer the following.

    Found on Page 316
  7. For each of these five separate cases, identify the principle(s) of internal control that is violated. Recommend what the business should do to ensure adherence to principles of internal control.

    Found on Page 309
  8. For each of these five separate cases, identify the principle(s) of internal control that is violated. Recommend what the business should do to ensure adherence to principles of internal control.

    Found on Page 309
  9. For each of these five separate cases, identify the principle(s) of internal control that is violated. Recommend what the business should do to ensure adherence to principles of internal control.

    Found on Page 309
  10. For each of these five separate cases, identify the principle(s) of internal control that is violated. Recommend what the business should do to ensure adherence to principles of internal control.

    Found on Page 309

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