need answers of task 1 and two

Think Like an Accountant: Business Scenarios You have now reached the end of Unit 4. This is an assessment of learning activity. Each task is a different business scenario. You will utilize your accounting critical thinking skills to complete each task. Complete your work either using word processing software or spreadsheet software. Once you have completed the work, you will submit your files to your teacher. Task 1 State and explain the procedure that needs to be used in each of the following scenarios using a word processing software. a. On Friday of every week, K. Chiarelli deposits the week's cash received. b. Lisetta was instructed by her manager to pay for a purchase invoice for merchandise, $500, with cash from the cash register. c. Jamal is the sales clerk in a small retail business. Each day, he records the cash received and issues sales slips to customers. d. Theo owns a convenience store. He checks support documents against cash received when he has time-at least once a week. Task 2 At the end of August, R. Johnson Co. has a balance of $2240.00 in its ledger cash account. The statement received from their bank shows a balance of $1574.75. The bank statement contains a deduction of $10.60 for service charges. A comparison of the cheques issued in the journal and the cheques paid on the statement indicates that Cheque 72 for $48.60, Cheque 86 for $250, and Cheque 89 for $46.75 are outstanding. A deposit made on August 30 for $1000 was not shown on the bank statement. Prepare a bank reconciliation statement dated August 31, using a spreadsheet to complete the task