No. 863 264DO 129.00 Adjusted balance per bank 227810 Cash balance per books 27 1000 Add : Bank credit (collection of note receivable) 2493 Adjusted balance per books (before theft) : 1291.00 Less : Theft $ 19923.00 Adjusted balance per books Show Attempt History Current Attempt in Progress - Your answer is partially correct Cullumber Company is a very profitable small business. It has not, however, given much consideration to internal control. For example, in an attempt to keep clerical and the expenses to a minimum, the company has combined the jobs of cashier and bookkeeper. As a result, Bret Turrin handles all cash receipts, keeps the accounting records, and prepares the monthly bank reconciliations The balance per the bank statement on October 31, 2022 was $19.923.00 Outstanding checks were No. 62 for $144.00. No 183 for $17300, No. 284 for $300,00, No. 862 for $199.00, No. 863 for $264.00, and No. 864 for $211.00 Included with the statement was a credit memorandum of $190.00 indicating the collection of a note receivable for Cullumber Company by the bank on October 25. This memorandum has not been recorded by Cullumber, The company's lediger showed one Cash account with a balance of $23,741.00. The balce included undeposited cash on hand Because of the lack of internal controls, Bret took for personal use all of the undeposited receipts in excess of 54.14900 He then prepared the following bank reconciliation in an effort to concealisthelt of cash Cash balance per books, October 31 $23.748.00 Add Outstanding chocks No. 862 $199.00 No 863 264.00 Question 2 of 2 3.78/4 $23.748.00 Cash balance per books, October 31 Add: Outstanding checks No 862 $199.00 No. 863 264.00 No. 864 21100 $14.00 24.262.00 Less: Undeposited receipts 4.149.00 20,113.00 Unadjusted balance per bank. October 31 Less: Bank credit memorandum 190,00 $19.923.00 Cash balance per bank statement, October 31