Complete both of the items below for the individual assignment this week. Submit your answers to the D2L drop box. Show your work for any problems that requires an adjusting entry or calculation.
Part 1:
Create a plan to control the cash inflow and outflow for a company. First find real examples of ways to track and manage cash. Then create a plan to manage each of the items below.
Accounting for travel expenses
Accounting for cash from the register every day
Accounting for ecommerce revenue.
Using banks as a way to manage cash
Auditing plan to verify that cash is being accounted for properly.
Part 2:
Decision Case 7-1
Problems 1 – 2
Decision Case 8-1
Problems A – C
Ethical Issue 9-1
Problems A & B