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17. The following information is about Mooner Sooner Inc's cash balances at the end of 2022 . Given this information WHAT is the reconciled balance?

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17. The following information is about Mooner Sooner Inc's cash balances at the end of 2022 . Given this information WHAT is the reconciled balance? Bank statement balance at December 31,2022: $8,000 Book balance at December 31, 2022: \$5,020 Checks outstanding: $5,800 Note collected by the bank $1,500 Service fee: $20 Deposits in transit: $4,000 NSF check $300 18. After preparing the bank reconciliation in \#17 how would the NSF check be recorded? Prepare the journal entry in proper form. 19. A company's cash balance is reported on which two financial statements? 20. What are the three factors that make up the fraud triangle? 21. Goldie and Kate operate a small clothing store that has annual revenues of about $100,000, and has a total of 6 employees including Goldie and Kate. The company has established the following procedures related to cash disbursements: The petty cash fund is $10,000. Employees place a receipt in the petty cash box when making the expenditures and take the necessary cash. For any expenditure not made from the petty cash fund, the employee writes a check. Employees are not required to get permission to write a check, but are asked to use good judgment. Any check written for more than $5,000 has to be signed by Goldie or Kate. Checks for less than that can be signed by any of the other employees. Identify three problems you see that Goldie and Kate have with their internal control. A. B.. C

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