Assume you are the auditor for Thomas Consulting and they have provided you with the 9/30/2020 bank reconciliation. Assume the client prepared the document (PBC - prepared by client) - now it is your job to test the reconciling items, to ensure that cash is fairly stated. Consider the various audit procedures auditors perform to test cash. The items below appear on the Bank Reconciliation. For each item, give the specific audit procedure(s) that you would perform to test the item. There can be more than one procedure for each item.

1. Bank balance of $38,035 on 9/30/2020.

2. Deposits in Transit of $8,418.

3. Check listing, totaling $10,205,

4. Regarding the Deposits in Transit, the 9/28 deposit for $3,200 was not on the cutoff bank statement dated 10/16/2020.

5. The customer deposit error.

Bank Reconciliation Balance per Bank Statement Deposit in transit Checks Outstanding $ 38,035 8,418 $ (10,205) Balance per Book Check error Service charge Loan payment Interest on loan NSF checks Book Balance Per Reconciliation $ 41,773 450 $ (50) (4,900) $ (225) (800) $ 36,248 Bank Balance Per Reconciliation $ 36,248 Adjusted Journal Enteries Account Cash Accounts Receivable $ Debit Credit 450 $ 450 $ 50 Service Charges Cash $ 50 $ 800 Bank Charge - NSF Cash $ 800 Loan Interest Expense Cash $ $ 4,900 225 $ 5,125 Bank Reconciliation Balance per Bank Statement Deposit in transit Checks Outstanding $ 38,035 8,418 $ (10,205) Balance per Book Check error Service charge Loan payment Interest on loan NSF checks Book Balance Per Reconciliation $ 41,773 450 $ (50) (4,900) $ (225) (800) $ 36,248 Bank Balance Per Reconciliation $ 36,248 Adjusted Journal Enteries Account Cash Accounts Receivable $ Debit Credit 450 $ 450 $ 50 Service Charges Cash $ 50 $ 800 Bank Charge - NSF Cash $ 800 Loan Interest Expense Cash $ $ 4,900 225 $ 5,125