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A problem that can occur from one person handling checks, deposits and keeping records: If that person becomes ill, you'll have to take over these duties or

have someone else do them. If he/she she has to take a day of, will the company

be able to manage without him/her? Is the person trustworthy? He/she will/not

steal from the business.

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15y ago

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Kenneth is having a terrible time balancing his checkbook He had outstanding checks that totaled 323.14 an ending balance of 232.54 and outstanding deposits of 125.98 His checkbook register bal?

Outstanding Checks = $323.14 Current Bank Balance = $232.54 Outstanding Deposits = $125.98 Final Balance = Current balance + Outstanding deposits - outstanding checks = 232.54 + 125.95 - 323.14 = 35.35 The final balance on Kenneth's account will be $35.35


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