Question

Prepare deposit slips, open envelopes, prepare remittance list; all tasks of the ___.

Option 1: Treasury Department
Option 2: Accounts Receivable
Option 3: Billing Department
Option 4: Cashier

Answer 1

Preparing deposit slips, opening envelopes, and preparing a remittance list are tasks handled by the Option 2: Accounts Receivable department, which deals with managing incoming payments and maintaining accurate financial records.

Step-by-step explanation:

Tasks such as preparing deposit slips, opening envelopes, and preparing a remittance list are typically associated with the Accounts Receivable department within a company. The Accounts Receivable department is responsible for managing the money that is owed to the company from clients or customers. They handle transactions related to incoming payments, including the preparation of deposit slips for bank transactions, the processing of payment envelopes, and creating remittance lists that summarize the payments received. It's essential for maintaining the accuracy of the company's financial records.