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    Steps in the Daily Control Over Cash Receipts

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    Which of the following is the last step in the daily control over cash receipts by mail?
    - A mailroom employee sends all customer checks to the treasurer who has the cashier make the bank deposit.
    - A mailroom clerk opens the mail and sends the remittance advices to the accounting department.
    - The controller compares the records of the day's bank deposit amount from the treasurer and the debit to Cash from the accounting department.
    - The accounting department prepares journal entries to Cash and the customers' accounts.

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    https://brainmass.com/business/cash-controls/steps-daily-control-over-cash-receipts-561799

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    The controller compares the records of the day's bank deposit amount from the treasurer and the debit to cash from the ...

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    This solution provides the correct answer with explanation to the cash receipts control question provided.

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