I really need help with these problems; it's due next week Tuesday?

1. objectives of internal control (points: 2)
control internal organization of accounting department personnel , equipment
provide reasonable assurance operations managed achieve goals, financial reports accurate, , laws , regulations complied
prevent fraud, , promote social interest of company
provide control on "internal-use only" reports , employee internal conduct


2. notification accompanying check indicates specific invoice being paid called (points: 2)
remittance advice
voucher
debit memo
credit memo


3. debit balance in cash short , on @ end of accounting period reported (points: 2)
expense on income statement
income on income statement
asset on balance sheet
liability on balance sheet


4. there 3 parties check. drawer (points: 2)
written document signed company
1 signs check ordering payment bank
bank on check drawn
party whom payment made


5. check drawn company $270 in payment of liability recorded in journal $720. item included on bank reconciliation a(n) (points: 2)
addition balance per company's records
addition balance per bank statement
deduction balance per bank statement
deduction balance per company's records


6. bank reconciliation should prepared periodically because (points: 2)
company's records , bank's records in agreement
bank has not recorded of transactions
differences between company's records , bank's records should determined, , errors made either party should discovered , corrected
bank must make sure records correct


7. journal entries based on bank reconciliation required in company's accounts (points: 2)
outstanding checks
deposits in transit
bank errors
book errors


8. of following deducted balance per books on bank reconciliation? (points: 2)
service charges
outstanding checks
deposits in transit
notes collected bank


9. amount of cash reported on balance sheet @ june 30 (points: 2)
total of cash column in cash receipts journal of june 30
adjusted balance appearing in bank reconciliation june 30
total of cash column in cash payments journal of june 30
balance of june 30 on bank statement


10. $135 petty cash fund has cash of $44 , receipts of $93. journal entry replenish account include (points: 2)
credit petty cash $93.
debit cash $93.
credit cash on , short $2.
credit cash $49.

1. objectives of internal control (points: 2) control internal organization of accounting department personnel , equipment provide reasonable assurance operations managed achieve goals, financial reports accurate, , laws , regulations complied ...

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