Prepare a systems flowchart of internal control over sales transactions as described in part (1
Prospect Corporation, your new audit client, processes its sales and cash receipts in the following manner: (1) Sales. Salesclerks prepare sales invoices in triplicate. The original and second copy are presented to the cashier, and the third copy is retained by the salesclerk in the sales book. When the sale is for cash, the customer pays the salesclerk, who presents […]






