Gray Construction Inc. has poor internal control. Recently, Frank Root, the owner, has suspected the bookkeeper of stealing. Here are some details of the business's cash position at December 31, 2017: (Click on the icon to view additional information.) Requirement Begin by preparing the bank section of the bank reconciliation. Then, continue with the book section of the bank reconciliation. (Leave unused cells blank.) Gray Construction Inc. Bank Reconciliation December 31, 2017 BANK: Add: Less: BOOKS Add: Less: Based on the above reconciliation, it appears the bookkeeper has stolen $ 1. V. The bookkeeper cover the theft. The owner should the total of outstanding cheques by $ to i Requirement Root has requested that you determine whether the bookkeeper has stolen cash from the business and, if so, how much. He also asks you to explain how the bookkeeper has attempted to conceal the theft. To make this determination, you perform your own bank reconciliation. There are no bank or book errors. Root also asks you to recommend any changes needed to prevent this from happening again. Print Done Based on the above reconciliation, it appears the bookkeeper has stolen $ I. The bookkeeper the total of outstanding cheques by to the difference between the adjusted bank and book amounts the difference between the bank and book amounts C the sum of the adjusted bank and book amounts len continue to the next question. Based on the above reconciliation, it appears the bookkeeper has stolen $ The bookkeeper cover the theft. The owner should the total of outstanding cheques by to overstated understated Choose from any list or enter any number in the input fields and then continue to the next question Based on the above reconciliation, it appears the bookkeeper has stolen $ V. The bookkeeper cover the theft. The owner should the total of outstanding cheques by $ to assign the bank reconciliation to another employer or do it himself Choose from any list or enter any allow the bookkeeper to continue the duties Gray Construction Inc. has poor internal control. Recently, Frank Root, the owner, has suspected the bookkeeper of stealing. Here are some details of the business's cash position at December 31, 2017: (Click on the icon to view additional information.) Requirement Begin by preparing the bank section of the bank reconciliation. Then, continue with the book section of the bank reconciliation. (Leave unused cells blank.) Gray Construction Inc. Bank Reconciliation December 31, 2017 BANK: Add: Less: BOOKS Add: Less: Based on the above reconciliation, it appears the bookkeeper has stolen $ 1. V. The bookkeeper cover the theft. The owner should the total of outstanding cheques by $ to i Requirement Root has requested that you determine whether the bookkeeper has stolen cash from the business and, if so, how much. He also asks you to explain how the bookkeeper has attempted to conceal the theft. To make this determination, you perform your own bank reconciliation. There are no bank or book errors. Root also asks you to recommend any changes needed to prevent this from happening again. Print Done Based on the above reconciliation, it appears the bookkeeper has stolen $ I. The bookkeeper the total of outstanding cheques by to the difference between the adjusted bank and book amounts the difference between the bank and book amounts C the sum of the adjusted bank and book amounts len continue to the next question. Based on the above reconciliation, it appears the bookkeeper has stolen $ The bookkeeper cover the theft. The owner should the total of outstanding cheques by to overstated understated Choose from any list or enter any number in the input fields and then continue to the next question Based on the above reconciliation, it appears the bookkeeper has stolen $ V. The bookkeeper cover the theft. The owner should the total of outstanding cheques by $ to assign the bank reconciliation to another employer or do it himself Choose from any list or enter any allow the bookkeeper to continue the duties
