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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 3 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Business DocumentsÂ
1.   The person who writes the checks to pay bills is differ- ent from the people who authorize the payments and keep records of the payments.
2.   The checks are kept in a locked drawer. The only person who has the key is the person who writes the checks.
3.   The person who writes the checks is bonded.
4.   Once each month the owner compares and reconciles the amount of money shown in the accounting records with the amount in the bank account.
5.   The owner of the business approves each check before it is mailed.
6.   Information pertaining to each check is recorded on the check stub.
7.   Every day, all checks are recorded in the accounting records, using the information on the check stubs.
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Se7. Arrange the following business documents in the normal order in which they would be prepared:
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1.   Invoice
2.   Purchase order
3.   Check
4.   Receiving report
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5.   Bank statement
6.   Purchase requisition
7.   Check authorization
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