06-12-2009, 04:28 AM
The bookkeeper of a company has disappeared. There is no cash in the till and theft is suspected.
The following information is known
$
cash balance at beginning of period 750
total sales during the period 150000
decrease in debtors during the period 5500
receipts from debtors paid into the bank 96000
expenses paid from cash received 5000
How much has the bookkeeper stolen during the period?
The following information is known
$
cash balance at beginning of period 750
total sales during the period 150000
decrease in debtors during the period 5500
receipts from debtors paid into the bank 96000
expenses paid from cash received 5000
How much has the bookkeeper stolen during the period?