Ques 6.3 , question is being provided in the photograph attached below

the parts is processed through the accounting system by Sam, and Required notified by Sam that the wheels have been received. Identify which of the five principles of internal control you feel is lacking in the aforementioned scenario. (Note: It may not be possible to observe all the principles.) E6.3 Determine control account balances, and explain posting of special journals. L09, 10, 14 Tessa Ltd uses both special journals and a general journal as described in this chapter. On 30 June after all monthly postings had been completed, the accounts receivable control account in the general ledger had a debit balance of $200 000; the accounts payable control account had a credit balance of $45 000. The July transactions recorded in the special journals are summarised below. No entries affect- ing accounts receivable and accounts payable were recorded in the general journal for July. Sales journal Total sales $125 150 Purchases journal Total purchases $ 27 180 Cash receipts journal Accounts receivable column total $ 63 500 Cash payments journal Accounts payable column total $ 23 750 Required (a) What is the balance of the accounts receivable control account after the monthly postings on 31 July? (b) What is the balance of the accounts payable control account after the monthly postings on 31 July? (c) To what account(s) is the column total of $125 150 in the sales journal posted? (d) To what account(s) is the accounts receivable column total of $63 500 in the cash receipts journal posted? 398 Financial accounting: Reporting, analysis and decision making