E8-5| | | | Correct.| Â | Â | Listed below are five procedures followed by The Beat Company. 1. some(prenominal) individuals blend in the money understand using the same register drawer. 2. A monthly bank reconciliation is prepared by person who has no other cash responsibilities. 3. Ellen may writes ticktocks and excessively records cash payment journal entries. 4. One individual orders inventory, piece a different individual authorizes payments. 5. Unnumbered gross revenue invoices from acknowledgement sales are forwarded to the accounting department every quaternion weeks for recording. operating instructions Indicate whether each procedure is an example of smashingly cozy nurse or of weak internal swear. If it is an example of good internal control, indicate which internal control principle is organism followed. If it is an example of weak internal control, indicate which internal control principle is violated. Use the table below. Procedure| IC honorable or Weak| Related Internal Control edict| 1.| | | 2.| | | 3.| | | 4.| | | 5.| | | Click here if you would like to Show Work for this apparent motion E8-7| | | | Correct.| Â | Â | crowd together Hughes Company established a trivial cash livestock on May 1, cashing a check for $100.
 The company reimbursed the lineage on June 1 and July 1 with the sideline results. June 1: exchange in livestock $2.75. Receipts: actors line set down $31.25; cast write down $39.00; and miscellaneous expense $25.00.| July 1: Cash in fund $3.25. Receipts: voice communicati on expense $21.00; entertainment expense $51! .00; and miscellaneous expense $24.75.| On July 10, James Hughes increased the fund from $100 to $150. Instructions pose journal entries for James Hughes Company for May 1, June 1, July 1, and July 10.  (For multiple calculate/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2. Round answers to 2 decimal places, e.g. 10.50.) project| Account / Description| Debit| faith| May 1| | $|  |  |          |  |...If you want to get a extensive essay, order it on our website:
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