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re: I swear there are some dumb people on the face book and the TD.COM
Posted on 1/17/17 at 7:46 am to Howyouluhdat
Posted on 1/17/17 at 7:46 am to Howyouluhdat
I say the owner has a net loss of $200.
Let's say the register had $200 to start.
If there was no theft and the owner sold $70 worth of inventory he would have a total of $270
With the robbery (200-100-70+70-30)= $70
-100 for initial theft
-70 for loss of groceries
+70 for the transaction
-30 change from stolen money
$270-70=$200
Let's say the register had $200 to start.
If there was no theft and the owner sold $70 worth of inventory he would have a total of $270
With the robbery (200-100-70+70-30)= $70
-100 for initial theft
-70 for loss of groceries
+70 for the transaction
-30 change from stolen money
$270-70=$200
Posted on 1/17/17 at 10:58 am to NorfolkTiger
quote:
I say the owner has a net loss of $200.
Let's say the register had $200 to start.
If there was no theft and the owner sold $70 worth of inventory he would have a total of $270
With the robbery (200-100-70+70-30)= $70
-100 for initial theft
-70 for loss of groceries
+70 for the transaction
-30 change from stolen money
$270-70=$200
To make it easier on you, assume that the thief and customer are two separate people. Register has $200, thief steals $100. Now a customer buys $70 in groceries, the register only has $170, but should have $270.
$270 - $170 = $100.
You are thinking way too much simply because you know the money being used was stolen. The fact that the money was stolen has no bearing on the register and actual cash lost in the scenario.
Posted on 1/17/17 at 11:07 am to NorfolkTiger
quote:
-70 for loss of groceries
+70 for the transaction
-30 change from stolen money
This made sense in your head?
The transaction was $70 in groceries and $30 in change for $100, not $70.
Not to mention you are trying to track the register balance and are subtracting the $70 of groceries from your total. The actual groceries are not money buddy.
This post was edited on 1/17/17 at 11:12 am
Posted on 1/17/17 at 4:18 pm to NorfolkTiger
You are forgetting the $100 that was given back at the time of the transaction.
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