GOAL: Before you leave today you will know about internal controls and how to establish a banking system for your business.

  1. Log in to cengagebrain
  2. Click CENGAGE NOW
  3. Click STUDY TOOLS
  4. Click ADAPTIVE STUDY PLANS
  5. By chapter 6 click RESUME STUDYING
  6. CLICK 5. (a) Record journal entries to establish a Petty Cash Fund. (b) Complete petty cash vouchers, (c) petty cash payments record, and (d) reimburse the petty cash fund
  7. CLICK  eBook – 6.5: Establishing the Petty Cash Fund  & WATCH THIS VIDEO
  8. CLICK Show Me How: (a) Record journal entries to establish a Petty Cash Fund. (b) Complete petty cash vouchers, (c) petty cash payments record, and (d) reimburse the petty cash fund.
  9. CLICK 6. Record the journal entries to establish a Change Fund.
  10. CLICK  eBook – 6.6: The Change Fund & WATCH THIS VIDEO
  11. CLICK Show Me How: Record the journal entries to establish a Change Fund. 
  12. CLICK Show Me How: Record the journal entries to establish a Change Fund. 
  13. CLICK 7. Record journal entries for transactions involving Cash Short and Over.
  14. CLICK  eBook – 6.7: Cash Short and Over & WATCH THIS VIDEO
  15. CLICK Show Me How: Record journal entries for transactions involving Cash Short and Over. 
  16. CLICK Show Me How: Record the journal entries to establish a Change Fund. 
  17. CLICK Practice!