1. Craig Thompson has worked for Dr. Hung Pow, a dentist, for several years. Craig demonstrates a loyalty that is rare among employees. He hasn't taken a vacation in the past three years. One of Craig's primary duties is to open the mail and list the cheques received. He also takes cash from patients as they leave. At times it is so hectic that Craig doesn't bother with giving patients a receipt for the cash paid on their accounts. He assures them he will see to it that they receive the proper credit and a receipt later. When it is slow in the office, Craig offers to help Julia post payments to the patients' accounts receivable. She is always happy to recerve his help because Craig is such a conscientious worker. Instructions Identify any internal control activities that may be violated in this situation. 2. Seattle Coffee Limited's bank statement for the month of November 2024 showed a balance per bank of $7,000. The company's general ledger Cash account showed a balance of $5,659 at November 30 . Other information is as follows: 1. Cash receipts for November 30 recorded on the company's books were $5,200, but this amount does not appear on the bank statement. 2. The bank statement shows a debit memorandum for $40 for cheque printing charges. 3. Cheque \#119 payable in the amount of $248 to Holt Corporation was recorded in the general journal and cleared the bank for $248. A review of the accounts payable records shows a $36 credit balance in Holt's account and that the total payment should have been for \$284. 4. The total amount of cheques outstanding at November 30 was $5,800. 5. Cheque #138 was correctly written and paid by the bank for $409. The cash payment journal reflects an entry for Cheque #138 as a debit to Accounts Payable and a credit to Cash for $490. 6. The bank returned an NSF cheque from a customer for $560 7. The bank statement included a deposit for $1,260, which represents the electronic collection of customer accounts that have not yet been recorded on the company's books. Instructions (a) Prepare a bank reconciliation for Seattle Coffee Limited at November 30, 2024. (b) Prepare any journal entries necessary as. a.cesult of the bank reconciliation