Question 9.1

Russian Blue Inc. had weak internal control over its cash transactions. Facts about its cash position at November 30 were as follows:

The cash account showed a balance of $18,901.62, which included undeposited receipts. A credit of $100 on the bank's records did not appear on the records of the company. The balance per bank statement was $15,550. Outstanding cheques were #62 for $116.25, #183 for $150.00, #284 for $253.25, #8621 for $190.71, #8623 for $206.80, and #8632 for $145.28.

The cashier, Katniss, embezzled all undeposited receipts in excess of $3,794.41 and prepared the reconciliations shown in the table.

Balance, per general ledger, November 30		$18,901.62
Add: Outstanding cheques
#8621	$190.71
#8623	206.80
#8632	145.28
		442.79
		19,344.41
Less: Undeposited receipts		3,794.41
Balance per bank, November 30		15,550.00
Deduct: Unrecorded credit		100.00
True cash balance, November 30		$15,450.00

Required

1. CREATE A supporting schedule showing how much Katniss embezzled.
2. How did she attempt to conceal his theft?

Using only the information given, name two specific features of internal control that were apparently missing.