The first column in Table lists transaction amounts that have been summed to obtain a batch total.
Question:
The first column in Table lists transaction amounts that have been summed to obtain a batch total. Assume that all data in the first column are correct. Cases a through d each contain an input error in one record, along with a batch total computed from that set of records.
Required
For each case (a through d), compute the difference between the correct and erroneous batch totals, and explain how this difference could help identify the cause of theerror.
Transcribed Image Text:
TABLE 10-3 Data for Problem 10.4 CORRECT TRANSACTIONS $3,630.62 1,484.86 1,723.46 9,233.25 123.45 7,832.44 2,398.33 3,766.24 4,400.00 2,833.00 1,978.95 654.32 9,876.23 2,138.10 5,533.99 CASE A CASE B CASE C CASE D $3,630.62 $3,630.62 $3,630.62 $3,630.62 1,484.86 1,484.86 ,484.86 1,484.86 1,723.46 1,723.46 1,723.46 1,723.46 9,233.25 9,233.25 9,233.25 9,233.25 123.45 7,832.44 1,832.44 7,832.44 7,832.44 2,398.33 2,398.33 2,398.33 2,398.33 3,766.24 3,766.24 3,766.24 3,766.24 4,400.00 4,400.004,400.00 4,400.00 2,833.00 2,833.00 2,833.00 2,833.00 1,987.95 1,978.95 1,978.95 1,978.95 654.32 9,876.23 9,876.23 9,876.23 9,876.23 2,138.10 2,138.10 2,138.10 2,138.10 5,533.99 123.45 123.45 123.45 654.32 654.32 5,533.99 5,533.99 5,533.99 Batch total S57,607.24 $57,616.24 $51,607.24 $48,807.24 $56,952.92
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Related Book For
Accounting Information Systems
ISBN: 978-0133428537
13th edition
Authors: Marshall B. Romney, Paul J. Steinbart
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