Blossom Company is a very profitable small business. It has not, however even much consideration to internal control. For example, in an attempt to keep derical and office expenses to a minimum, the company has combined the jobs of cashier and bookkeeper. As a result, Bret Turrin handle all cash receipts, keeps the accounting records, and prepares the monthly bank reconciliations The balance per the bank statement on October 31, 2022 was $18,368.00. Outstanding checks were No. 62 for $140.00, No 183 for $170.00, No 284 for $23.00, No. 862 for $190.00, No.363 for $226,00, and No. 864 for $165.00. Included with the statement was a credit memorandum of $185.00 indicating the collection of a note receivable for Blossom Company by the bark on October 25. This memorandum has not been recorded by Blossom The company's leder showed one Cash account with a balance of $21,867.00. The balance induded undeposited cash on hand. Because of the lack of internal controls, Bret took for personal use all of the undeposited receipts inocess of 53,795,00. He then prepared the following bank reconciliation in an effort to conceal histheft of cash $21.867.00 Cash balance per books, October 31 Add: Outstanding ches No: 562 $190,00 No 863 226,00 No. 164 165.00 481.00 22348.00 3.795.00 18.553.00 Less: Undeposited receipts Uradjusted balance per tank, October 31 Less Bank credit memorandum Cath balance perbank statement, October 31 185.00 $18.360.00 Prepare a correct bank reconciliation Wine Ducact the mount of the then from the adulted balance per books) ose items that crew balance as per bond books BLOSSOM COMPANY Bank Reconciliation (a) Prepare a correct bank reconciliation. (Hint:Deduct the amount of the theft from the adjusted balance per books) (List items that increase balance as per bank & books first) BLOSSOM COMPANY Bank Reconciliation $ >>