Accounting 6 DONE!!!

Accounting 6 DONE!!! - Accounting 2361 E6-2 Req1. [Type...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Accounting 2361 [Type text] E6-2 Req1. The objectives that were violated involved adequate records because no reliable records were recorded only had receipts for the people who ask for them. Also it was difficult to see if funds were used in an unauthorized manner. Take receipts and use the buddy system. E6-5 A.80 B.0 C.10 D.10 PB 6.2 Req1. Reveals 21,000 in deposits in transit Req2 $5080 Req3 Bank Books Ending balance $ 73,040.00 Ending balance $ 89,440.00 Additions Additions Deposits in transit $ 21,000.00 Deposits in transit $ 60.00 $ 94,040.00 $ 89,500.00 Deductions Deductions $ 540.00 Outstanding checks $ 5,080.00 Up to date $ 88,960.00 Up to date $ 88,960.00 Req.4 1. 1. D Cash……………………………………………….$60 C Interest Receivable………………………………………………$60 2. D Other Expenses…. .………………………………. .$40 C Cash………………………. .......................................................... $40 3. D Accounts Receivable B. Frank……………………$500 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 4

Accounting 6 DONE!!! - Accounting 2361 E6-2 Req1. [Type...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online