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Business, 05.03.2021 05:10 dschallipp

The CFO of Gabe Corp. suspects that an employee has been stealing cash from the company. The employee is responsible for receiving cash from customers and posting the payments to the customer accounts, as well as preparing the bank reconciliation and managing the cash account. To check up on the employee, the CFO prepares his own bank reconciliation and comes up with the following: Gabe Differences Bank $3,900 Beginning balance $4,000 (50) Service charges Outstanding checks (800) (100) NSF Check from Customer Deposits in transit 250 25 Interest earned $3,775 Total $3,450 Do you think the employee has stolen from the company

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The CFO of Gabe Corp. suspects that an employee has been stealing cash from the company. The employe...
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