Preparing Comprehensive Bank Reconciliation with Theft and Internal Control Deficiencies

Week5_ExcelTemplateAssignment_Individual_Daisey_Company.xlsx

Problem 7-8A

Name
Section
Date							Daisey Company
	(a)
	DAISEY COMPANY
	Bank Reconciliation
	October 31, 2017
	Cash balance per bank statement						1
	Plus:						2
					Total Receipts		1
	Less:						1
		No.	Amount	No.	Amount
							4
							4
						0.00	5
	Adjusted cash balance per bank					$ - 0	1
	Cash balance per books						1
	Add:						2
	Adjusted balance per Books (before theft)						1
	Less:						2
	Adjusted cash balance per books						1
							26	possible points
	(b)
		Indicate the 3 ways that Bret attempted to conceal the theft and the dollar amount
		involved in each method:
		Please answer this in your Word document according to the Grading Guide					3	possible points
	(c)
		Internal control activities that were violated include:
		Please answer this in your Word document according to the Grading Guide					2	possible points
							31	total possible points

418