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The Complete Idiot's Guide® To Accounting by Lita Epstein, Shellie L. Moore

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Controlling the Cash

Whenever cash is changing hands, you must put controls in place as a deterrent to theft or embezzlement. Regarding sales, there are three ways employees can pocket some cash:
1. They don’t record the sale.
2. They don’t provide a sales receipt.
3. They record a false credit voucher.
Store owners are constantly worried that cashiers will pocket the money instead of recording a sale. The best deterrent to this type of theft is good supervision. Another way to put controls in place is to have numbered sales tickets that match the cash register receipts. That way, if a number is missing, the cashier would have to show what happened to that sales ticket, usually by having a voided ticket that becomes part of the daily record ...

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