ACC225 Week 8 Assignment – Internal Control and Bank Reconcilia

ACC 225 Week 8 Assignment – Internal Control and Bank Reconciliations· Resource: Fundamental Accounting Principles, pp. 338 and 339· Due Date: Day 7 [Individual] forum· Complete Problems 8-1A, 8-3A, and 8-4A (including the Analysis Component) on pp.338-339. When responding to the cases in 8-1A, be sure to think critically about eachcase. Identify the principles of internal control that has been violated, and give anexplanation of why you think that principle has been violated. Identify the consequencesof the actions described in the cases. Make a recommendation for what the businessshould do to ensure adherence to principles of internal control.· Use the spreadsheet in Appendix B available on aXcess to complete Problem 8-4A. Besure to use the tabs labeled SP08-04A and Given P08-04A· Post your answers as an attachment.