Project #13971 - Accounting Experts

Please see attached for information on answering questions.  Thanks.

 

Instruction:

A.) Determine the amount of the cash shortage that has been concealed by Escola in her bank reconciliation. (As a format, we suggest that you prepare the bank reconciliation correctly.  The amount of the shortage then will be the difference between the adjusted balances per the bank statement and per the accounting records. You can then list this unrecorded cash shortage as the final adjustment nucessary to complete your reconciliation.)

B.) Carefully review Escola's bank reconciliation and explain in detail how she concealed the amount of the shortage.  Include a listing of the dollar amounts that were concealed in various ways.  This listing should total the amount of the shortage determined in part A.

C.) Suggest some specific internal control measures that appear to be necessary for Osage Farm Supply.

Subject Mathematics
Due By (Pacific Time) 10/06/2013 12:00 am
Report DMCA
TutorRating
pallavi

Chat Now!

out of 1971 reviews
More..
amosmm

Chat Now!

out of 766 reviews
More..
PhyzKyd

Chat Now!

out of 1164 reviews
More..
rajdeep77

Chat Now!

out of 721 reviews
More..
sctys

Chat Now!

out of 1600 reviews
More..
sharadgreen

Chat Now!

out of 770 reviews
More..
topnotcher

Chat Now!

out of 766 reviews
More..
XXXIAO

Chat Now!

out of 680 reviews
More..
All Rights Reserved. Copyright by AceMyHW.com - Copyright Policy