Question: Question 10 3 pts A company using good internal controls will completely eliminate the risk of loss. True False Question 11 3 pts At the

 Question 10 3 pts A company using good internal controls will

Question 10 3 pts A company using good internal controls will completely eliminate the risk of loss. True False Question 11 3 pts At the end of the day, the cash register's record shows $1,050, but the count of cash in the cash register is $1,055. There was $0 cash in the drawer at the beginning of the day. The correct entry to record the cash sales is: Debit Cash $1,055: credit Cash Over and Short $5: credit Sales $1,050 Debit Cash $1,050; credit Sales $1050. O Debit Cash $1,055; Credit Sales $1.055. Debit Cash $1.050: debit Cash Over and Short $5: credit Sales $1.055

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