Solved

With Regard to Customer Checks Received by Mail,which Statement Is

Question 96

Multiple Choice

With regard to customer checks received by mail,which statement is TRUE?


A) The Debit to Cash by the Accounting Department should equal the amount deposited in the bank by the mailroom employee.
B) The customers' Accounts Receivable accounts should be adjusted by the Treasury Department for the payments received.
C) The controller compares the customers' checks to the remittance advices sent from the mailroom.
D) The Accounting Department handles the bookkeeping part and the cashier in the Treasurer's Department deposits the checks in the bank.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions