Answer:
Cash account
Explanation:
The controller compares the bank deposit to the journal entry for cash receipts to ensure that the bank deposit matches the accounting records for the Cash account.
The comparisms of the bank deposit to the journal by the controller who is the organization's lead accountant
in banking or financial institution is necessary so that accounting record are in order, by making sure that bank deposits are placed into a deposit account, so that it can matches accounting record for cash account. It should be noted that cash account are controlled by Federal Reserve's Regulation.
