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cash receipts -cut off

Ssonika8y ago
What can be the control to check if cash receipts are recorded in the correct accounting period? How can we test the control?
kengarrettkengarrettTutor8y ago#1
Generally, the date of cash receipt would be the date on which the money was paid into the bank. So trace from the cash book to the bank account, remittance advices and pay-in slips.
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