During your team planning. you were assigned to audit the following accounts and faced with the following problems. Document your audit procedure for each item. (6 items 3: 5 points} Cash and cash equivalents Legacy Commercial Inc. (Company) has several bank accounts. Bookkeeper James Red prepared a check named after him for his personal expenses amounting to F from Bank Account A of the Company. No joumal entry was made. Fearing that the auditors will detect this fraud, he prepared a check worth F from Bank Account B and deposited to Bank Account A (still, no joumal entries were made]. The deposit was credited and cleared to Bank Account A since it was deposited within the day. However, the check was not yet cleared from Bank Account B since it will still undergo clearing process. It will appear that BankA has no shortage. and, at the same time. Bank Account B is at its correct balance until the check clears. Questions: 1. What audit procedurefs will you perform to detect that the Company's recorded cash is short of PEUGHDU or that there is fraud? 2. What pieces of audit evidence will you need