You audit cash rather than Timothy

Assignment Help Auditing

Reference no: EM132171702

Cash Audit Assignment -

We received the bank confirmation and bank cutoff statement this morning from Apollo's primary bank. I left both documents in your mailbox at the office. I would prefer that you audit cash rather than Timothy (let him stick to vouching documents to keep him out of trouble). A couple of points:

1. Don't forget to trace from the cutoff bank statement to the outstanding check list to make sure that the listing is complete and accurate.

2. There was an adjustment made at the end of the year to other income that looks odd. If I remember correctly, there was a transaction in investments for the same amount. You may want to take a closer look.

3. The last check written in December was check number 3621. They use duplicate checks so I was able to look at the carbons when I was out at Apollo on Saturday.

Attachment:- Assignment File.rar

Reference no: EM132171702

Questions Cloud

Calculate the sum of the values from the first number : Print a prompt to enter an integer by calling the print function. You will need to set the parameter registers before calling the function.

Does your ford motor company appear : Does your Ford Motor Company appear to be charging the same prices for its products that are being marketed to specific countries?

Write a function select of this type : The list and should return a new list containing only those elements of the original list for which f returned true.

New consumer surplus : And also, when the price ceiling is effective does the new consumer surplus compared to the equilibrium goes up, or goes down? (please provide explanation)

You audit cash rather than Timothy : Cash Audit Assignment - I would prefer that you audit cash rather than Timothy (let him stick to vouching documents to keep him out of trouble)

Calculate the marginal cost of production : Kelson Electronics, a manufacturer of DVRs, estimates the following relation between its marginal cost of production and monthly output:

Dominant strategy equilibrium : a) If a game has a dominant strategy equilibrium, does it have a Nash equilibrium?

Perfectly competitive firm : a) Explain why the demand curve facing a perfectly competitive firm is assumed to be perfectly elastic (i.e., horizontal at the going market price).

Estimated the company cost function : a) The economist for the Grand Corporation has estimated the company's cost function, using time series data, to be

User Account

All Pages