During your audit of miles company you prepared the

Reference no: EM13581501

During your audit of Miles Company, you prepared the following bank transfer schedule:
MILES COMPANY
Bank Transfer Schedule
December 31, 20X1
Date Date
Check Bank Accounts Disbursed Deposited
Number From To Amount Books Bank Books Bank
2020 1st Natl. Suburban $32,000 1/4 1/5 12/31 1/3
2021 1st Natl. Capital 21,000 12/31 1/4 12/31 1/3
3271 2nd State Suburban 6,700 1/3 1/5 1/3 12/30
0659 Midtown Suburban 5,500 12/30 1/5 12/30 1/3

b. Identify those transfers that should be investigated and explain the reason.

Reference no: EM13581501

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