Question: 1.Identify the internal control procedures applicable to cash receipts for Gilbert Company in each of the following cases. All cashiers are bonded. 1. 2. The

1.Identify the internal control procedures applicable to cash receipts for Gilbert Company in each of the following cases. All cashiers are bonded. 1. 2. The treasurer compares the total cash receipts to the bank deposit daily. The bookkeeper records cash receipts which are held by the treasurer. 4. Only the treasurer holds cash receipts. 5. Deposit slips are completed for each deposit. 3.

1.Identify the internal control procedures applicable to cash receipts for Gilbert Company in each of the following cases. 1. All cashiers are bonded. 2. The treasurer compares the total cash receipts to the bank deposit daily. 3. The bookkeeper records cash receipts which are held by the treasurer. 4. Only the treasurer holds cash receipts. 5. Deposit slips are completed for each deposit

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