Which of the following should be performed by the persons, Ask an Expert

Accounting

Which of the following should be performed by the persons opening the mail and recording payments?

A. Restrictive endorsement on all checks.

B. Entering of payment information into customer accounts.

C. The preparation of the deposit slip and the delivery of the checks to the bank.

D. The segregation of all payments made on accounts listed as past due.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9442515

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