For the third time this month, a co-worker has recorded a cash receipt twice and...
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Accounting
For the third time this month, a co-worker has recorded a cash receipt twice and wants you to record a correcting entry that will reverse the mistakes. The correcting entry will record a credit to the Cash account and a debit to the Sales account. Your co-worker has offered to buy you dinner for fixing this mistake.
What concerns me most in this week's discussing question is: why is the employee offering to buy dinner?
Is it an apology for making me work harder? Is it a bribe? Is it an attempt to keep me from saying something about the repeated mistakes?
It could be that the employee is bad at their job and is worried that too many mistakes will lead to termination. It could also mean that the employee is running a scheme to steal money from the company.
What documents could you check to see if removing a "duplicate" cash receipt is really the correct course of action?
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