Вы находитесь на странице: 1из 9

30-Nov Receipts Disbursements 31-Dec

Per Bank Statement 15,200 $ 125,400 $ > 110,300 $ > 30,300 $


*
Outstanding Checks
November 30 (12,200) $ * (12,200) $ >
December 31 11,400 $ (11,400) $
Deposit in Transit
November 30 9,000 $ * (9,000) $
December 31 13,000 $ 13,000 $
900 $ > > 900 $
(2,400) $ > (2,400) $ >
Per Books 12,900 $ 127,000 $ 108,000 $ 31,900 $
* A
>
*

Non-Sufficient Fund Check


Redeposited
Bank error check errono-
usly processed against
Markrich account
Agreed to ending balances per bank statement and beginning balances on bank statement for
subsequent months CH
Traced to December 19X2 cash receipts and deposit tickets and to January 19X3 bank statement CH
Examined the cancelled checks which were included with the January 19X3 bank cut-off statement CH
MARKRICH SPORTSWORLD, INC.
PROOF OF CASH-REGULAR CHECKING
DECEMBER 31, 19X2
Agreed to 12-31-x2 bank statement CH
Agreed to clients 11-30-X2 bank reconciliation CH
Disagreed to cash receipts and disbursements for December CH
Agreed to General Ledger balances CH
Traced to November cash receipts and December bank statement CH
j

A-5
CH
1-13-X3

Agreed to ending balances per bank statement and beginning balances on bank statement for
subsequent months CH
Traced to December 19X2 cash receipts and deposit tickets and to January 19X3 bank statement CH
Examined the cancelled checks which were included with the January 19X3 bank cut-off statement CH
Agreed to 12-31-x2 bank statement CH
Agreed to clients 11-30-X2 bank reconciliation CH
Disagreed to cash receipts and disbursements for December CH
Agreed to General Ledger balances CH
Traced to November cash receipts and December bank statement CH

Balance Per Bank Statement 1,410 $
Less Outstanding Checks
# 941 287 $ j
# 950 443 $ j
# 951 393 $ j
# 959 287 $ j
(1,410) $
Balance per Ledger 0
A
date per books date per bank date per books date per bank
Transfer from regular 12-30-X2 12-30-X2
to payroll account 12-30-X2 12-31-X2
9,087 $ 9,087 $ 9,087 $ 9,087 $
The payroll check transfer was properly recorded.
j

MARKRICH SPORTSWORLD, INC.


RECONCILIATION - PAYROLL ACCOUNT
DECEMBER 31, 19X2
PAYROLL TRANSFER
SUN UNITED SUPER BANK
Agreed to ending balance per December, 19X2 bank statement and to beginning balance per January
19X3 bank statement, CH
Examined cancelled checks which cleared with January 19X3 bank statement, CH
Agreed to bank statements for December 19X2, CH
Traced to Cash Disbursements (Check register) for December 19X2, CH
Traced to Cash Receipts for December 19X2, CH

A-7
CH
1-13-X3
Denomination Number Amount
Currency 10.00 $ 8 80.00 $
5.00 $ 12 60.00 $
1.00 $ 20 20.00 $
Silver 0.50 $ 8 4.00 $
0.25 $ 20 5.00 $
0.10 $ 30 3.00 $
0.05 $ 20 1.00 $
173.00 $
Unreimbursed petty cash vouchers
Date Payee Expense
December 19X2 UPS Parcel Post 10 $
December 19X2 Handy Shop Light Bulbs 10 $
December 19X2
Handy Shop 7 $
200 $
A
Custodian Acknowledgement
The petty cash fund at $ 200 was counted in my presence on 12-31-19X2 and returned intact.
Ms. Nicole
Petty Cash Custodian
Examined Supporting Documents for unreimbursed expenses CH
Paper Supplies
MARKRICH SPORTSWORLD, INC.
PETTY CASH COUNT
DECEMBER 31, 19X2
A-9
CH
1-13-X3


Per Books Final
12-31-X2 12-31-X2
101 Sun United Regular 31,900 $ A-5 31,900 $
102 - $ A-7 - $
103 200 $ A-9 200 $
32,100 $ 32,100 $
TB-1
Based on the study of internal controls and the request of the audit tests
performed, it is my opinion that cash is fairly stated at December 31,
19X2. CH
MARKRICH SPORTSWORLD, INC.
PETTY CASH COUNT
DECEMBER 31, 19X2
Adjustments
A
CH
1-13-X3

Compatibility Report for p3.xls
Run on 9/13/2007 9:34
The following features in this workbook are not supported by earlier versions of
Excel. These features may be lost or degraded when you save this workbook in
an earlier file format.
Minor loss of fidelity # of occurrences
Some cells or styles in this workbook contain formatting that is not supported
by the selected file format. These formats will be converted to the closest
format available.
85
By Ref. Remarks
1 Review and evaluate internal controls for cash CH
2 Trace sample transactions through the cash records CH
10 Trace beginning cash balances to prior year workpapers CH
Confirm all bank accounts by using the standard bank
confirmation forms
3 CH
4
Request cutoff bank statements approximately two weeks
after end of fiscal year
CH
Obtain or prepare year-end reconciliations of all bank
accounts, investigate all reconciling items, and trace to
appropiate accounts
5 CH A-5
Count all cash on hand and trace to appropriate accounts;
cash counts should be coordinated with inspection of all
other negotiable items
8 CH A-9
For selected test transactions, review cash records, foot, and
trace all postings to appropriate accounts
6 CH
7
Schedule and investigate all inter-bank transfers for one week
before and after fiscal year-end
CH A-7
The payroll transfer was
the only transfer
Review all disbursements (in excess of $500) subse-quent to
year end; coordinate with audit program for accounts
payable
11 CH
9
Review transactions in selected petty cash reimburse-ments;
coordinate review with count of cash funds
CH
December 31, 19X2
MARKRICH SPORTSWORLD, INC.
AUDIT PROGRAM
CASH
12 Ascertain proper presentation of cash in financial statement CH