Expound the following two physical control for cash received by cashiers in a grocery 1) The cash must be entered into the cash register to be recorded. 2) Count the cash at the end of the day and match with the entries in the cash register to check the accuracy of the cash in hand.

Expound the following two physical control for cash received by cashiers in a grocery 1) The cash must be entered into the cash register to be recorded. 2) Count the cash at the end of the day and match with the entries in the cash register to check the accuracy of the cash in hand.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter7: Accounting For Cash

Section: Chapter Questions

Problem 6SEB

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Question

Expound the following two physical control for cash received by cashiers in a grocery

1) The cash must be entered into the cash register to be recorded.

2) Count the cash at the end of the day and match with the entries in the cash register to check the accuracy of the cash in hand.

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