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    I Affirm That I Have Not Given or Received Any Unauthorized Help On This Assignment, and That This Work Is My Own.

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    Rushane Garbosa
    The adjusted balance of the petty cash fund as of December 31, 2018 was $2,720. The document shows various expenses deducted from the $5,000 imprest balance. The cash shortage was $84, as evidenced by the difference between the cashier's accountability of $13,750 and the total cash counted of $13,666. Various cash and check amounts are provided from the petty cash fund and cashier's records.

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    I Affirm That I Have Not Given or Received Any Unauthorized Help On This Assignment, and That This Work Is My Own.

    Uploaded by

    Rushane Garbosa
    15 views2 pages
    The adjusted balance of the petty cash fund as of December 31, 2018 was $2,720. The document shows various expenses deducted from the $5,000 imprest balance. The cash shortage was $84, as evidenced by the difference between the cashier's accountability of $13,750 and the total cash counted of $13,666. Various cash and check amounts are provided from the petty cash fund and cashier's records.

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    Assign 1.2 Auditing

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    The adjusted balance of the petty cash fund as of December 31, 2018 was $2,720. The document shows various expenses deducted from the $5,000 imprest balance. The cash shortage was $84, as evidenced by the difference between the cashier's accountability of $13,750 and the total cash counted of $13,666. Various cash and check amounts are provided from the petty cash fund and cashier's records.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    15 views2 pages

    I Affirm That I Have Not Given or Received Any Unauthorized Help On This Assignment, and That This Work Is My Own.

    Uploaded by

    Rushane Garbosa
    The adjusted balance of the petty cash fund as of December 31, 2018 was $2,720. The document shows various expenses deducted from the $5,000 imprest balance. The cash shortage was $84, as evidenced by the difference between the cashier's accountability of $13,750 and the total cash counted of $13,666. Various cash and check amounts are provided from the petty cash fund and cashier's records.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    of 2

    What is the adjusted balance of the petty cash fund as of December 31, 2018?

    Imprest balance 5,000.00


    Transportation Expense (206.00)
    Office Supplies (390.00)
    Freight on Purchases (220.00)
    Miscellenous Receivables (1,380.00)
    Cash Shortage (84.00)
    Adjusted Balance of Petty Cash Fund 2,720.00

    What is the amount of cash shortage or overage?

    Currency 3,020.00
    Office Supplies 390.00
    Transportation Expense 206.00

    Freight on Purchases 220.00


    Estimated Unused Office Supplies 150.00
    Checks 9,680.00
    Total per count 13,666.00

    Imprest Balance 5,000.00


    Collections 2,500.00
    3,500.00 6,000.00
    Unsigned Pay Envelope 2,600.00
    Estimated Unused Office Supplies 150.00
    Cashier's Accountability 13,750.00

    Total per count 13,666.00


    Cashier's Accountability (13,750.00)
    Cash Shortage (84.00)

    “I affirm that I have not given or received any unauthorized help on this assignment, and that this work is my own
    Checks:
    29-Dec-18 Judith, Cruz, Employee 1,200.00
    29-Dec-18 Viva Company, Customer 2,500.00
    30-Dec-18 Alvin Taipan, Employee 1,100.00
    Judith Cruz, Employee,
    15-Jan-19 cashed Dec 30, 2018 1,380.00
    31-Dec-18 Manila Company, Customer 3,500.00
    Total Checks 9,680.00

    and that this work is my own.”

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