BBA 2010 DB 6 and 7

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BBA2201DB6and7.docx

Please answer each discussion separate please

DB 6

Discuss whether you think the same person who receives cash payments should also prepare the bank reconciliation. Give a least one reason to support your answer.

DB 7

Identify a company, business, or organization in your community (it can be one for which you work) and share some examples of current and long-term liabilities for that company. Discuss the financial statement presentation requirements for the company's current and long-term liabilities.