Description of this paper

The bank recorded a deposit of $200 as $2,000.

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solution


Question

Question;You are to complete the following task:For each of the following errors, describe to a recently hired bookkeeper how it would be shown on a cash reconciliation:The bank recorded a deposit of $200 as $2,000.The company?s bookkeeper mistakenly recorded a deposit of $530 as $350.The company?s bookkeeper mistakenly recorded a payment of $250 received from a customer as $25 on the bank deposit slip. The bank caught the error and made the deposit for the correct amount.The bank statement shows a check written by the company for $255 was erroneously paid (cleared the account) as $225.The bookkeeper wrote a check for $369 but erroneously wrote down $396 as the cash disbursement on the company?s records.Grading Criteria% of grade for this assignmentThe bank recorded a deposit of $200 as $2,000.20%The company?s bookkeeper mistakenly recorded a deposit of $530 as $350.20%The company?s bookkeeper mistakenly recorded a payment of $250 received from a customer as $25 on the bank deposit slip. The bank caught the error and made the deposit for the correct amount.20%The bank statement shows a check written by the company for $255 was erroneously paid (cleared the account) as $225.20%The bookkeeper wrote a check for $369 but erroneously wrote down $396 as the cash disbursement on the company?s records.20%Please submit your assignment.

 

Paper#41323 | Written in 18-Jul-2015

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