Sean and Liz Kinsella are planning to open and operate a coffee shop on a university campus.

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Sean and Liz Kinsella are planning to open and operate a coffee shop on a university campus. Sean and Liz are concerned that part of the cash that customers pay for food might be kept by some of the store’s employees.
Required:
Identify some internal control procedures that could help ensure that all cash paid by customers is remitted to the business.
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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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