Assignment Question(s):

- please use your own words dont copy and paste (no plagiarism)

- please use keyboard (don't use handwriting)

- All answered must be typed using Times New Roman (size 12, double-spaced) font.

- no pictures containing text

Q1- A

A company wants to implement good internal control. What are the policies and procedures you can suggest to minimize human frauds and errors?

Q1-B

Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible.

Give any amount of sales and prepare the journal entry using the percent of sales method