Assignment/Instructions You are on the finance committee of Generous Giver Charity of Jackson, with financial oversight the church. This mission is achieved by implementing internal and procedures to safeguard the cash collections and provide accurate financial reporting of cash. One MS. The committee is charged control policies of the member. You have been identified as the person most qualified to perform this task Instructions control procedures requires that a bank reconciliation to be prepared monthly by a committee (1) Prepare the charity's bank reconciliation as of October 31, 2018 (2) Record the necessary journal entries required to update the cash balance (3) Explain, in a memo to the charity's trustee board, the steps or process you used to prepare the bank reconciliation and the effects the journal entries will have on the cash balance. 4) You will complete this assignment manually on the worksheets provided. (do not type, handwritten assignment only) Generous Giver Charity employs a voucher system in controlling expenditures and disbursements. All cash receipts are deposited each Monday and Wednesday in a night depository after banking hours The data required to reconcile the bank statement as of October 31 is given from the data below: (Source of Data is printed in capital letters and underlined) CASH BALANCE PER BOOK Balance as of Octoberi CASH RECIEPT JOURNAL Total cash collected from members during October $9,750.40 $16,229.58 DEPOSIT TICKETS: Date and amount of each deposit in October Date Amount Date Amount Oct 1 $1,998.63 3 1,094.04 81,910.50 15 1,957.85 171946.74 24 1,867.71 CHECK REGISTER Number and amount of each check issued in October Check No.Amount Check No.Amount Check No. Amount $490.90 VOID 640.13 376.77 299.37 537.01 380.95 732 733 734 726 727 728 729 515.15 401.90 771.30 506.88 617.25 298.66 741 742 743 744 249.75 613.95 907.95 359.60 601.50 486.39 737 738 731 $9,555.66 Total amount of checks issued in October