Mr. Fatin is Junior clerk working in Al Maha Trading LLC , You and Mr. Imran are
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Question:
Mr. Fatin is Junior clerk working in Al Maha Trading LLC , You and Mr. Imran are working as manager since five years, you both are responsible for all financial transaction. Due to family emergency you were on leave. During that time Mr. Fatin paid amount RO 152.00 to Ms. Najat who is supplier of raw material where actual payable amount was only 125.00. Further he recorded paid amount as commission paid to Ms.Najat.
You being manager find out the mistakes in this incidence.
Do you think Mr. Fatin paid correct amount to Ms. Najat? If not, then how will you handle this situation, where Ms. Najat is saying she received correct amount?
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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