Jordan Quinn manages the local homeless shelter. He fears that a trusted employee has been stealing from the shelter. This employee receives cash from supporters and also prepares the monthly bank reconciliation. To check on the employee, Quinn prepares his own bank reconciliation as in Exhibit 4-7 on page 190. Does it appear that the employee stole from the shelter? If so, how much? Explain your answer. Which side of the bank reconciliation shows the shelter s true cash balance?
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