6. Under the allowance method, the Allowance for Doubtful Accounts is debited when an account is deemed uncollectible and must be written off. 7. After a bank reconciliation has been completed, journal entries must be made to adjust the book balance to its correct balance 8. The creation of a petty cash fund requires a journal entry to reflect the transfer of funds out of the general Cash account. 9. An overage in cash at a cash register is recorded as a credit to the cash over and short account 10. The safeguarding of assets is an objective of a company's system of internal control 6. Under the allowance method, the Allowance for Doubtful Accounts is debited when an account is deemed uncollectible and must be written off. 7. After a bank reconciliation has been completed, journal entries must be made to adjust the book balance to its correct balance 8. The creation of a petty cash fund requires a journal entry to reflect the transfer of funds out of the general Cash account. 9. An overage in cash at a cash register is recorded as a credit to the cash over and short account 10. The safeguarding of assets is an objective of a company's system of internal control