Creative Idea Company had poor internal control over its cash transactions. The following are facts about its cash position on December 31, 2017: --The general ledger account for cash showed a balance of $18,901.62, which included undeposited receipts. --A credit of $100 on the bank statement did not appear on the general ledger of the company. --The cash balance on December 31st according to the bank statement was $15,550.00. --Outstanding checks were: No. 40 for $116.25 No. 199 for $150.00 No. 363 for $253.25 No. 4525 for $190.71 No. 4529 for $206.80 No. 4555 for $145.28 --The first deposit recorded by the bank on the cutoff statement was for $3,794.41 on January 10, 2018. The cashier handles all incoming cash and makes bank deposits personally. She also reconciles the monthly bank statement. Her December 31st reconciliation shows the following: Balance per books $18,901.62 Add: Outstanding checks: 4525 $190.71 4529 206.80 4555 45.28 442.79 Total $19,344.41 Less: Undeposited cash 3,794.41 Balance per bank 15,550.00 Deduct: Unrecorded credit 100.00 True Cash, December 31 $15,450.00 1. You suspect that the cashier may have misappropriated some money and your specific concern is that some of the undeposited receipts may have been taken. Prepare a schedule showing your estimate of the loss. 2. If there is a theft, how did the cashier attempt to conceal it? 3. Give two internal controls over cash that are missing in this case, based on the information that you have been given.