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Business, 26.10.2021 18:20 dlatricewilcoxp0tsdw

Alaska Impressions Co. records all cash receipts on the basis of its cash register tapes. Alaska Impressions discovered during October 20Y3 that one of its sales clerks had stolen an undetermined amount of cash receipts by taking the daily deposits to the bank. The following data have been gathered for October: Cash in bank according to the general ledger $11,920
Cash according to the October 31, 20Y3, bank statement 14,570
Outstanding checks as of October 31, 20Y3 3,280
Bank service charge for October 40
Note receivable, including interest collected by bank in October 2,370 No deposits were in transit on October 31.
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
Determine the amount of cash receipts stolen by the sales clerk.

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