会计双语Lesson11.ppt

Lesson 11;1. Describe the nature of cash and the importance of internal control over cash. 2. Summarize basic procedures for achieving internal control over cash receipts. 3. Summarize basic procedures for achieving internal control over cash payments, including the use of a voucher system. 4. Account for small cash transactions using a petty cash fund. ;Key Terms;Key Terms;Cash;Question 11.1;Controlling Cash Received from Cash Sales;Controlling Cash Received in the Mail;;Controlling Cash Received in the Mail;Controlling Cash Received in the Mail;1. Cash controls must provide assurance that payments are made for only authorized transactions. 2. Cash controls should ensure that cash is used efficiently. 3. A voucher system provides assurance that what is being paid for was properly ordered, received, and billed by the supplier.;A voucher system is a set of procedures for authorizing and recording liabilities and cash payments.;Basic Features of the Voucher System;Petty Cash; Aug. 1 Petty Cash 100 00; Aug. 31 Office Supplies 50 00;Problem 11.2;Answer 11.2;The End