Finance - Finding Errors

Apr 30th, 2015
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For each error, describe to a recently hired bookkeeper how it would be shown on a cash reconciliation. Given the following errors

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Finance - Finding ErrorsIntroductionFor each error, describe to a recently hired bookkeeper how it would be shown on a cash reconciliation. Given the following errors: The bank recorded a deposit of $200 as $2,000. The company's bookkeeper mistakenly recorded a deposit of $530 as $350. The company's bookkeeper mistakenly recorded a payment of $250 received from a customer as $25 on the bank deposit slip. The bank caught the error and made the deposit for the correct amount. The bank statement shows a check written by the company for $255 was erroneously paid (cleared the

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