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Author Question: Why would a company use a separate payroll cash account? (Read 26 times)

tatyanajohnson

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Why would a company use a separate payroll cash account?


Ease of account reconciliation


Determine whether or not the employee has cashed their cheque


Provides for better internal control


All of the above are correct.



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Marked as best answer by tatyanajohnson on Nov 11, 2019

jazzlynnnnn

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tatyanajohnson

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Reply 2 on: Nov 11, 2019
Thanks for the timely response, appreciate it


dyrone

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Reply 3 on: Yesterday
:D TYSM

 

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