Are following are selected tasks from the job description of a staff accountant at Purft, Inc. Endorsement, coding, and recording of checks received for deposit reconciliation of the accounts receivable sub-ledger to the general ledger reconciliation of the accounts payable sub-ledger to the general ledger reconciliation of investment and borrowing sub-ledgers to the general ledge railing of checks to vendors Recording of fixed asset transactions, including updates to the asset master file you have been asked to prepare a memorandum discussing the internal control issues relating to the selected tasks from the job description. REMINDER: Your response will be graded for both technical content and writing skills. Technical content will be evaluated for information that is helpful to the intended reader and clearly relevant to the issue. 

Writing skills will be evaluated for development, organization, and the appropriate expression of ideas in professional correspondence. 

Use a standard business memo or letter format with a clear beginning, middle, and end. Do not convey information in the form of a table, bullet point list, or other abbreviated presentations.

Answer rating: 100% (QA)

The endorsement coding and recording of checks received for deposit could be a money receipts activi... View the full answer