Question: Navy Construction Inc. has poor internal control. Recently, Jim Root, the owner, has suspected the bookkeeper of stealing. Here are some details of the business's

 Navy Construction Inc. has poor internal control. Recently, Jim Root, the

Navy Construction Inc. has poor internal control. Recently, Jim Root, the owner, has suspected the bookkeeper of stealing. Here are some details of the business's cash position at June 30 , 2020 : i. (Click on the icon to view additional information.) Requirements Requirement 1. Prepare the bank reconciliation. There are no bank or book errors. Begin by preparing the bank section of the bank reconciliation. Then complete the book section of the bank reconciliation. (Leave unused cells blank.) Additional Information a. The Cash account shows a balance of $10,379. This amount includes a June 30 deposit of $3,823 that does not appear on the June 30 bank statement. b. The June 30 bank statement shows a balance of $8,548. The bank statement lists a $270 bank collection, a(n) $13 service charge, and a $38 NSF cheque. The bookkeeper has not recorded any of these items c. At June 30 , the following cheques are outstanding: Requirement 2. Using the facts provided, identify the information that would be relevant to determining whether or not the bookkeeper has stolen cash from the business. Based on the above reconciliation, it appears the bookkeeper has stolen : The bookkeeper the total of outstanding cheques by $ to cover the theft. Requirement 3. Recommend to Root any changes needed to prevent this from happening again. The owner should

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