The first column in Table 10-3 lists transaction amounts that have been summed to obtain a batch

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The first column in Table 10-3 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.

TABLE 10-3 Data for Problem 10.4 CORRECT TRANSACTIONS CASE A CASE B CASE C CASE D

$3,630.62 $3,630.62 $3,630.62 $3,630.62 $3,630.62 1,484.86 1,484.86 1,484.86 1,484.86 1,484.86 1,723.46 1,723.46 1,723.46 1,723.46 1,723.46 9,233.25 9,233.25 9,233.25 9,233.25 9,233.25 123.45 123.45 123.45 123.45 123.45 7,832.44 7,832.44 1,832.44 7,832.44 7,832.44 2,398.33 2,398.33 2,398.33 2,398.33 2,398.33 3,766.24 3,766.24 3,766.24 3,766.24 3,766.24 4,400.00 4,400.00 4,400.00 −4,400.00 4,400.00 2,833.00 2,833.00 2,833.00 2,833.00 2,833.00 1,978.95 1,987.95 1,978.95 1,978.95 1,978.95 654.32 654.32 654.32 654.32 9,876.23 9,876.23 9,876.23 9,876.23 9,876.23 2,138.10 2,138.10 2,138.10 2,138.10 2,138.10 5,533.99 5,533.99 5,533.99 5,533.99 5,533.99 Batch total $57,607.24 $57,616.24 $51,607.24 $48,807.24 $56,952.92 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 the error.

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Accounting Information Systems

ISBN: 9781292220086

14th Global Edition

Authors: Marshall B. Romney, Paul John Steinbart

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