Please complete the following homework problems from Accounting Information Systems and Fraud, Internal Control, and Cash of your textbook, Accounting Principles:

• E7?10 - For each transaction, indicate whether it would normally be recorded in a cash receipts journal, cash payments journal, sales journal, single-column purchases journal, or general journal.
• DO IT! 7?2 - Identify the journal in which each of the transactions above is recorded.
• DO IT! 8?3 - Prepare journal entries to establish a petty cash fund.
• E8?2 - For each procedure, explain the weakness in internal control, and identify the control principle that is violated. For each weakness, suggest a change in procedure that will result in good internal control.
• E8?11 - Prepare a bank reconciliation at July 31 and journalize the adjusting entries at July 31 on the books of Crane Video Company.

These are instructor solutions prepared by Jim Harrison Class: Instructor: Your Name: FND 154 Fundamentals of Accounting Celena Gray E7-10 - For each transaction, indicate whether it would normally be recorded in a cash receipts journal, cash payments journal, sales journal, single-column purchases journal, or general journal. DO IT! 7-2 - Identify the journal in which each of the transactions above is recorded. DO IT! 8-3 - Prepare journal entries to establish a petty cash fund. E8-2 - For each procedure, explain the weakness in internal control, and identify the control principle that is violated. For each weakness, suggest a change in procedure that will result in good internal control. E8-11 - Prepare a bank reconciliation at July 31 and journalize the adjusting entries at July 31 on the books of Crane Video Company