E8-5| | | | Correct.| Â | Â | Listed below are five procedures followed by The Beat Company. 1. some(prenominal) individuals wage the change understand using the same register drawer. 2. A monthly bank reconciliation is prepared by somebody who has no other cash responsibilities. 3. Ellen may writes couples and excessively records cash payment journal entries. 4. One individual orders inventory, piece a different individual authorizes payments. 5. Unnumbered gross sales invoices from acknowledgement sales are forwarded to the accounting department every quaternion weeks for recording. book of instructions Indicate whether each procedure is an example of sizeablely point nurse or of weak internal book. If it is an example of good internal control, indicate which internal control principle is being followed. If it is an example of weak internal control, indicate which internal control principle is violated. Use the table below. Procedure| IC vigorous or Weak| Related Internal Control mandate| 1.| | | 2.| | | 3.| | | 4.| | | 5.| | | Click here if you would like to Show Work for this oppugn E8-7| | | | Correct.| Â | Â | crowd together Hughes Company established a petite cash livestock on May 1, cashing a check for $100.
 The company reimbursed the lineage on June 1 and July 1 with the by-line results. June 1: exchange in livestock $2.75. Receipts: spoken communication set down $31.25; cast write off $39.00; and miscellaneous expense $25.00.| July 1: Cash in fund $3.25. Receipts: auction pitch expe nse $21.00; entertainment expense $51.00; an! d miscellaneous expense $24.75.| On July 10, James Hughes increased the fund from $100 to $150. Instructions gear up journal entries for James Hughes Company for May 1, June 1, July 1, and July 10.  (For multiple calculate/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2. Round answers to 2 decimal places, e.g. 10.50.) duration| Account / Description| Debit| faith| May 1| | $|  |  |          |  |...If you want to get a extensive essay, order it on our website:
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