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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
During your audit of Carla Pang Inc. you prepared the following bank transfer schedule.
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| Check | Bank Accounts | Â | Â | Â | Date Disbursed | Â | Date Deposited | ||||||
| Number | From | Â | To | Â | Amount | Â | Books | Â | Bank | Â | Books | Â | Bank |
| 2001 | City Bank | 3rd National | 60000 | Â | 12/28 | Â | 12/31 | Â | 12/28 | Â | 12/28 | ||
| 2002 | City Bank | Portland | Â | 80000 | Â | 12/28 | Â | 1/3 | Â | 12/31 | Â | 12/31 | |
| 6734 | 1st City | Â | City Bank | 42000 | Â | 1/3 | Â | 12/31 | Â | 12/31 | Â | 12/31 | |
| 3580 | Portland | Â | 3rd National | 75000 | Â | 1/3 | Â | 1/4 | Â | 12/30 | Â | 12/30 | |
| 2008 | City Bank | 3rd National | 44000 | Â | 12/31 | Â | 1/5 | Â | 12/31 | Â | 1/3 | ||
| 2009 | City Bank | Portland | Â | 67000 | Â | 1/1 | Â | 12/31 | Â | 1/1 | Â | 12/31 | |
| 4005 | 3rd National | City Bank | 33000 | Â | 12/31 | Â | 1/4 | Â | 1/5 | Â | 1/5 | ||
Fill out the talble below indicating the most likely situation as it relates to cash at year-end. Indicate the situation using one of the following:
1.year-end total cash is properly stated. 2. year-end total cash is understated. 3, year-end total cash is overstated.
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Check Number reply
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2001
Â
2002
Â
6734
Â
3580
Â
2008
Â
2009
4005
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