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e em,- ch Section Two The Canadian Statesman. Bowmanville, August 30,1978 9 THE UPPER CANAID-A FUNIUR O. -Faotory at Eow mnvilo * Brancli Store Ro. 5 King-street East,, Toronto. MANUFACTURERS 0F ALL KINDS 0F FURNITURE. 0 ri 00, They arenrow selling off their stocýk ,Liu Toronto at greatly re(,ducedt prices. bargains lin CURTAINS. ETC., E5 Great -TC. Is over a igstore ,chase 1r NST ýPHY - - - -w ~j is wu iI Five Points Mal and Midtown Mc 20 John St. W., Oshai NE WTON VILLE Last weekend, Mr. and Mrs. !,Lloyd St. John of Whitby and Mr. and Mrs. David Hender- son of Oshawa, came home, to help Mr. and Mrs. Trueman Henderson celebrate their Thirtieth Wedding Anniversary. They were presented with a new Vaccum cleaner, among other things, and an enjoyable time was had by ail. Our congratulations to this worthy couple! Visitors a week ago Sunday with Mr. and Mrs, Bill Kioster included Mrs. Helen Quinn, son Chris and friend, Herbert Bell, from Hastings. This weekend, Mr. and Mrs. Ansley Green of Westport, were visitors with the Kiosters. Miss Joy Yates and Miss Kim Gilmer were among those attending the Toronto Exhibition, on Opening Day and Mrs. Carolyn Gilmer and son Ken were among those attending hast Wednesday. Mrs. Leone Lane with Mr. and Mrs. Bill Lane of Port Hope, visited friends in Norwood and Peterborough, last Tuesday. Mr. and Mrs. Les Peck spent a few days recently at Shelter Valley. Newtonville Women's Institute held their annuai picnic at Darlington Provincial Park on Wednesday, August 23 with fourteen members and six visitors present, including a few gentlemen. Queenie Fletcher and Sharon Buttery convened several contests, the winners being as foliows: Button Contest - Mary Jones, Jar of Sea Shelis- Art Clarke, Balloons - Menidie Stephenson, Educational Contest - (Dates and Aims of the W. I.) - Mrs. Amy Milligan (Life member). Shoe Kicking - Mrs. Ellen Duxbury. Bingo Games - Madeline Buckley, Mary Jones, Meredie Stephen- son, Amelia Lancaster. A delicious pot luck supper was enjoyed by ail, finîshing off a pleasant afternoon. Mrs. Diane Rowe, accompanied by Mrs. Gertie Rowe and Mrs, Lois Rowe and Annette of Newcastle attended a bridai shower for Miss Fae Rowe of Port Hope, Monday evening at the home of Mrs. G. Ratter. Mn. and Mrs. Anthony Ton spent the weekend at Lakehurst, returnîng home on Sunday evening. Mr. and Mrs. F. Gilmen were visitors with Mr. and Mrs. Clinton Brown in Newcastle on Tuesdày1 after-. noon and with Mrs. Kay Kîmbali also in Newcastle, on Wednesday afternoon. Thursday evening, Mrs. Gertie Rowe attended a dinner in honour of hier brother, Mr. gHarvie Holman, the occasion being his 83rd birthday. This was held at the home of hîs daughter, Mr. and Mrs. Ross Bamsey, Lakeshore Road, Port Ho pe and ail members of his family attended this happy occasion. Our' Best Wishes! Recent visitors with Mr. and Mrs. Wilfred Paeden have been Mrs. Roger Whitfield of Grafton, Mrs. Bob Potts of Cobourg and Mrs. Eric Stuckless of Roseneath. Overnight guests with the Paedens were Mr. and Mrs. John Hamilton, Sheri and Scott from Winnipeg. Visitors the past week with Mrs. Agnes Buriey included Mr.. and Mrs. Ron Burley, Newcastle and Mr. and Mrs. Earl McEwen and their granddaughter Jaime Johnston, Peterborough. Mr. and Mrs. Fred Henderson were among those attending the Toronto Exhibition, Friday, and the Dolly Parton Show at night. Rowena Tîzzard and Glen Farrow were the greeters at oui' church door, Sunday morning, and the hovely Henýdeêr"son.-Th iswaâsafter theè bail game in Kendal won by the latter team, which ail the Hendersons attended. Mr. and Mrs. Ken Fletcher attended the celebration at the home of Mr. and Mrs. Richard MacCarl, Whitby, Sunday in honor of Mr. MacCarl's 8Oth birthday. About forty relatives were there, and his nephew, Ralph MacCarl, was M.C. for this happy occasion. Music and anecdotes entertained, nice gifts were received, and a lovely Smongasbong enjoyed by ail. Mrs. Mary Wade of, Barrie was a visitor with Mrs. Leone Lane over the weekend. Mr. and Mrs. Melvile Jones and Mrs. Bea 'Jones were among those attending the bail game at Kendal, Sunday afternoon. Glad to hear Mr. Stan Bowen of Bowmanville has impnoved in health and is visiting Mr. and Mrs. Carl Todd at Starkville and with, Ask a C.G.A. Watching Oven Your Company's Assets By Anna Lee, C.G.A. Since 1 arn in the pnocess of stanting Up rny own cornpany, 1 was wondering what sorts of internaI control systerns I should be setting up? When starting up your company you need two basic types of control known as "oéperating control" and "accounting control". Both kinds of control are forms of internal control. The purpoge of operating control is to ensure operation- ai efficiency of your company and to see that resuits conform as closely as possible to your plans. This type of control usually involves statis- tical analysis, evaluating the performance of your opera- tions, the recruiting and training of qualified personnel and quality controls. Accounting control, on the other hand, is designed to safeguard assets of your company against waste, mis- management and possible theft and to ensure accuracy and reliability of your accounting records. This kind of control generally includes systems of authorization and recording procedures; a proper classification of accounts in determinmng who has authority to do what, how a transaction shouhd be handled and to what account a transaction should be record- ed; and the segregation of duties concerned with record keeping from those responsi- ble for operations or the custody of assets. When duties are divided in this manner the work of one person is checked automatically by some other employee and therefore any errors or mismanagement may be discovered promptly. A successful internai control system, then, normally will require a specific plan which provides for the' appropriate division of ýduties and- respon- sibilities; a system of authoni- zation, accounting procedures and a chart of accounts adequate to provide effective control over assets, liabilities, income and expenses; a follow-up system to provide periodic checking to see if internaI control systems are working properly; and most importantly, the careful selec- ments made by cheque; casn on hand kept to minimum and protected physically; the person who handles cash or the person authorized to sign cheques should ha ve no access, to the accounting records and those who record cash trans- actions should have no access to the cash; ail cash transac- tions should be recorded promptly; accounting records, cash on hand or at the of qualified and dependable personnel is the key to any effective control system. As an illustration, a basic- them, also attended the Kendal game on Sunday afternoon. Visitors the past week with Mr. and Mrs. F. Gilmer included Mr. A. Ton, Jeff Gilmer of Port Hope, Mr. and Mrs. Carm Trizzino of Cobourg, Mrs. Bea Jones and Mrs. Mary Jones. Our felicitations to the following members of the birthday gang - Carol Hender- son, Hazel Irwin and Biaine Gilmer, also to Mr. and Mrs-. George Elliott, a happy anniversary! Regional Municipality of Durham Land Fiii SOite The Darlington Waste Disposai Site will be closed on Monday, September 4th,, 1978 due to the Labor Day holiday. Normal operations will resume on Tuesday, Septem ber 5th, 1978. W. A. Twelvetrees, P. Ený. Com missioner of Works. Nursery Sok Trees, Roses I and Evergreens BLUE SPRUCE I will be sold BELOW VWHOLESALE PRICES Special Sod Prices ISpecial Planting Soil 10 a bushel bag I Chrysanthemums $ 5 per pot COR N - TOMMTES - APPLES I -I f WIN A TREE! Enter our draw for 2 RED MAPLE' 1 BLUE SPRUCE Value $100.00 each Draw wiliIb.held September loth COFFEE WILL BE SERVED! OPEN SUNDAY, SEPTEMBER 3rd and SUNDAY, SEPTEMBER 1Oth for Fail Festival only. Open until17 p. m. ever y day for your convenience. COLD 1DRINKS FOR THE KIDls ~~aunton Road E. Oshawa 579-5571 PARLOUR SUITES, WINDOW FALL FESTIVAL WE September 2nd - efme t ut Corne on out and see us- for fantos tic Fl Savings. T '>fl@LRodierad irI m- 285 Taunton Rd. E., Oshawate system of internai control over cash would include - a' proper procedure for handiing cash transactions; ail cash receipts deposited daily in the bank; ail important disburse- bank should be verified riodically by a person who does not handie or record cash; adequate staff training shouid be provided to ensure complete understanding of the existing procedures for hand- ling and recording cash; and al employees who have access to cash should be bonded. The methods and proce- dures recluired to achieve effective internai control vary greatly in different compan- ies. For instance, a retail company may use cash registers for control of cash receipts while scrutiny of mail receipts is vitally important for a mail order company in order to exercise control over remittances received. The system of internai control for your company should be tailored to meet your specific needs, so it is advisable to discuss these with your accountant. If you have any questions relating to tax matters, financial planning, account- ing, budgeting etc. please forward them to: Ask a C.G.A., The Certified General Accountants Associa- Fi WA .V eMor CI Lor NutriteI FERTILIZERS BARK CHIPS I COCOA BEANS Special Prices onI LARGE TREES I Select your own in the nursery. Excellent selection ot Colorado Spruce and Austrian Pine. I E., Toronto, Ontario, M5C lY6. Although each question will be considered, we cannot guarantee that ail questions will be answered. Nlew Sehool Gets Approval The Waverley Public Sehool received final approval from the Northumberland Newcastle Board of Education last week but it may be some time before construction gets underway. Bill Carman, chairman of the board of education, told trustees that the carpenters' strike is delaying the start of construction. The board was înformed last week at its regular meeting in Cobourg that _both' the Ministry of Education and the Ontario Municipal Board have given the project their final green light. Total cost of the building is estimated at just under $1.3 million dollars and it is expected that the structure wiil be ready for students one year from now. An official date for sod- turning at the site off Waverley Rd. has not yet been set. However the ceremony is being planned for a time when students and school staff can