Book Print ferences Problem 10-48 (Static) [LO 10-6] You are the senior auditor-in-charge of the July 31, 20x0, audit of Reliable Auto Parts Incorporated Your newly hired staff assistant reports to you that she is unable to complete the four-column proof of cash for the month of April 20X0, which you Instructed her to do as part of the consideration of internal control over cash Your assistant shows you the working paper that she has prepared. Your review of your assistant's work reveals that the dollar amounts of all the items in her worlding paper are correct. You learn that the accountant for Rellable Auto Parts Incorporated makes no Journal entries for bank service charges or note collections until the month following the bank's recording of the item. In addition. Reliable's accountant makes no journal entries whatsoever for NSF checks that are redeposited and cleared. Your assistant's working paper appears below RELTABLE AUTO PARTS INCORPORATED Proof of Cash for April 200 July 31, 20xe Balance 3/31/x Per bank statement Deposits in transit AL 3/31/x0 At 4/30/70 Outstanding checks At 3/31/0 At 4/30/80 ask service charges March 29x0 2000 Note receivable collected by bank 4/30/ NSF check of customer L. G. Waite, charged back by tark/51/xe redeposited and cleared 4/3/x8 Balances as computed Deposits $ 71,682.84 $ 61,488.19 Checks $ 68,119.40 Balance 4/30/x0 $ 65,051.63 2,118.18 4,918.16 (2,118.18) 4,918.16 (14,888.16) 14,888.16 (22,914.70) 22,914.70 (22.18) 22.18 (19.14) 19.14 18,180.00 18,180.00 (418.19) 58,472.49 418.19 85,004.54 59.353.23 45,689.98 5(0.74) $39,314.56 Balances per book Oslocated difference Required 60,095.90 76,148.98 s (16,053.0) Prepare a corrected four-column proof of cash in good form for Reliable Auto Parts Incorporated for the month of April 20x0 (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Required: Prepare a corrected four-column proof of cash in good form for Reliable Auto Parts Incorporated for the month of April 20X0. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Per bank statement Deposits in transit At 3/31/X0 At 4/30/X0 Outstanding checks A: 3/31/X0 AL4/30/X0 Bank service charges RELIABLE AUTO PARTS, INCORPORATED Proof of Cash for April 20X0 July 31, 20X0 Balance 3/31/X0 Deposits Checks Balance 4/30/X0 $ 71,682.84 $ 61,488.19 $ 68,119.40 $ 65,051.03 2.118.18 4.918.10 (14.888 16) March 20x0 April 20X0 22.18 22.18 (19.14) 10.14 Note receivable collected by bank 4/30/XD NSF check of customer LG Wate, charged back by bank 3/31/x0 redeposited and deared 4/3X0 Balances per book 418.19 (418.19) $ 59.353.23 5 45,000.98 $70.148.08 $28.894.23