Cash Register Proof a. When is the amount in the cash register proved b. How is the cash

Chapter 22, Problem 2

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QUESTION:

Cash Register Proof

a. When is the amount in the cash register proved?

b. How is the cash register proof performed?

Questions & Answers

QUESTION:

Cash Register Proof

a. When is the amount in the cash register proved?

b. How is the cash register proof performed?

ANSWER:

                                                                 Step 1 of 3

Proving cash refers to the process where a person proves that the amount of cash available in the business is equal to the balance shown in the accounting records.

                                                                 

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