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Cash and Cash Controls


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LO 1 Define cash and describe three guidelines for control of cash.
LO 2 Describe controls for cash receipts.
LO 3 Describe controls for cash disbursements.
LO 4 Explain and record petty cash fund transactions.
LO 5 Identify banking activities as controls of cash.
LO 6 Describe a bank statement.
LO 7 Prepare and explain a bank reconciliation.








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