hternal Control and Cash

and other

E$7\mathrm{.}12($LO $4)$ AP On April $30,$ the bank reconciliation of Hidden Valley Company shows a deposit in transit of $$1,437.$ The May bank statement and the general ledger Cash account in May show the following:

$\backslash$table$[[\backslash$table$[[$HIDDEN VALLEY COMPANY$],[$Bank Statement $($partial$)],[$Deposits$]],\backslash$table$[[$HIDDEN VALLEY COMPANY$],[$Cash Account $($partial$)],[$Deposits Made$]]],[$Date$,$Description,Amount,Date,Amount$],[$May $1,$Deposit,$$1,437,$May $2,$$$2,255$