Chapter 5, Problem 5.5.1C

To determine

Concept Introduction:

Bank reconciliation statement is basically defined as a statement which reconciles the bank balances with the cash balance. In other words, it reconciles the difference that exists between bank passbook and cash book.

Bank internal control

Bank internal control is to manage the performances, to take decisions, evaluation and regulation of the policies and the procedures of the bank in accordance with the law and regulations of the bank.

To compute:

The amount of cash that the cashier stole from the C company