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Doris worked for the City of Concord as a toll collector. Often when a car...

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Accounting

Doris worked for the City of Concord as a toll collector. Often when a car passed through her toll booth Doris would take $1 of the $5 toll and place it in her pocket. Over a period of several months, she had pocketed a total of $25,000. Finally, an internal audit revealed what Doris had been doing, and she was arrested for embezzlement. Prior to her arrest, Doris had done the following with the $25,000 she had embezzled from the City of Concord: She spent $2,000 on an elaborate wine dinner for her family and friends. She deposited $10,000 into her non-interest-bearing checking account at Bank. At the time of the deposit, the account contained $5,000 of her own money. One month after the deposit she withdrew $10,000 from the account, reducing the account balance to $5,000. She then lost all of the $10,000 on a weeklong vacation in Las Vegas. Two weeks later, Doris received a gift of $10,000 from her aunt, which she deposited in the checking account, bring the account to its current balance of $15,000. She donated $3,000 to the local chapter of the United Way. She spent $10,000 to purchase 100 shares of ABC stock

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