Unformatted text preview: Error: Check #1282, written on Sept 26: Procedures 5 and 9 F. Balance per books: Procedure 3 b. The total of outstanding checks is $13,480, not $11,450. This is an indication that someone has fraudulently altered the bank reconciliation to match the general ledger balance, which is overstated $2,000 so long as the general ledger balance remains $20,400....
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This note was uploaded on 10/27/2011 for the course ACCT 4263 taught by Professor Chaplin during the Fall '11 term at Fairleigh Dickinson.
- Fall '11