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Answer the following questions. Refer to the records of Book Roi Center below. 1. Are there deposits made in company's book that are not reflected
Answer the following questions. Refer to the records of Book Roi Center below.
1. Are there deposits made in company's book that are not reflected in bank statement? What are the amounts involved? 2. Are there disbursements made in company's book that are not reflected in bank statement? What are amounts involved? 3. Are there deductions in bank balance that are not recorded in company's disbursement book? What are the amounts involved? 4. Are there additions in bank balance that are not recorded in the company's cash receipt books? What are the amounts involved? FILIPINAS BANK Ermita, Manila ROI BOOK CENTER 294 TaftAve., Manila DATE DEPOSITS Account No. 1233567 Period Ending Nov. 30, 2018 BALANCE CHECKS NOV. 2 10,000 10,000 3 101 200 9,800 5 102 500 9,300 7 4,000 13,300 9 105 1,000 12,300 11 104 500 11,800 15 5,000 107 2,000 14,800 20 3,950 CM 109 200 18,550 24 6,000 111 100 24,450 25 110 300 24,150 30 120 SC 24,030 1,000 NSF 23,030 CODES: CC-Certified Check, EC -Error Correct, CM-Credit Memo, SC-Service Charge, NSF-No Sufficient Fund Roi Book Center's Books Cash Payments Cash Receipts Nov. 2 7 15 24 30 10,000 4,000 5,000 6,000 5,000 Check # 101 102 103 104 105 106 107 108 109 110 111 200 500 1,000 500 1,000 1,500 2,000 450 200 300 100Step by Step Solution
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