Unit 3 Exercises - 1Weight 2% ofthe final grade 0 Due no later than 11:00 p.m. on Sundayr of Unit 3 Objectives mm 3.1, 3.2, 3.3, 3.4] Evaluation and Feedback Unit 3 will be marked in its entirety out of 100. The following scale indicates the criteria students are to adhere to, and their relative weights to the assignment overall. Define internal control Prepare bank reconciliation Prepare cash budget Question 1 Question 2 Question 3 Question 4 __ transaction and prepare bank recon Total Exercise Questions Question 3.1 Explain how and where accounts receivable are reported on the financial statements, and what the difference is between accounts receivable and notes receivable