|
Title: Why is a separate payroll account used to clear payroll checks? Post by: barry on Nov 3, 2014 Why is a separate payroll account used to clear payroll checks?
A) for internal control purposes to help limit any exposure to loss by the company B) to make bank reconciliation easier C) banks don't like to commingle payroll and expense checks D) All of the above are correct. Title: Re: Why is a separate payroll account used to clear payroll checks? Post by: newstart on Nov 5, 2014 Content hidden
|