3. Trace all cash disbursement transactions from the list of (a) outstanding checks/ electronic (ACH) payments on the prior month's bank reconciliation and (b) the current period cash disbursements journal to the list of checks or actual checks/ACH payments clearing the bank. For each transaction, compare the check/ACH payment number, payee, and amount. All cancelled checks and ACH payments clearing the bank statement must be matched with their recorded entries in the cash disbursements journal. Prior month's an outstanding checks/ACH payments and other recorded checks/ACH payments that have not cleared are outstanding and must be listed on the bank reconciliation (three totaling $36.10). TU Checks/ACH payments clearing the bank that have not been recorded or checks/ACH payments clearing the bank for a different amount must be investi- gated. Either the bank is in error or an adjustment is required to the company's records ($20.00 error). all items in the beginning