Checques returned in the bank statement

Reference no: EM13131645

When you examine canceled checks returned in the bank statement by a client's bank, how could you tell whether the amount on the check had been skillfully raised (increased, say, from $75.00 to $7,500 in the amount box, and altered in the written line from "Seventy-five dollars" to "Seventy-five hundred dollars") after the check was cleared by the bank? (An employee might do this to "support" a $7,500 cash disbursement journal entry.)

Reference no: EM13131645

Questions Cloud

Illustrate what amount of dividends will shareholder owning : No dividends have been paid to preferred shareholders. Illustrate what amount of dividends will a shareholder owning 100 shares receive in 2010 if Doe pays $ 1,000,000 in dividends?

Explain methyl orange is an acid-base indicator : Methyl Orange is an acid-base indicator. In dilute solution, at pH greater than 4.4, it is yellow. At pH=3.2 the solution appears red. Draw a structure of the species that is formed at the lower pH of the acid proton adds to the azo nitrogen atom ..

Prepare a one-page memorandum to your supervisor : Assume that you must make a presentation to the marketing staff explaining the difference between product and period costs. Your supervisor tells you the marketing staff would also like clarification regarding prime and conversion costs.

Explain how much will he have to save each month in years : He can afford to save $1,750 per month for the next 12 years. If he can earn an 9.0% EAR before he retires and a 8.0% EAR after he retires, Explain how much will he have to save each month in years 13 through 30?

Checques returned in the bank statement : When you examine canceled checks returned in the bank statement by a client's bank, how could you tell whether the amount on the check had been skillfully raised

Two thesis statements, tell what is wrong with each one : Choose two of the following thesis statements, tell what is wrong with each one, and revise each one to make it more effective

Illustrate what type of cash flow pattern is this : Illustrate what type of cash flow pattern is this? What formula would you use to solve this problem? (Write down the formula!) When you put the above given numbers into your formula, do you get the same answer? Why or why not?

How many total moles of atoms does the sample contain : A sample of propane,C3H8, contains 10.8 moles of carbon atoms. How many total moles of atoms does the sample contain?

Explain aromatic compounds : Aromatic Compounds :sample question, Both naphthalene and azulene have 10 pie electrons and are aromatic. Pentalene is apparently antiaromatic and is unstable even at -100 degrees C.

User Account

All Pages