On the worksheet labeled "Evaluation", identify at least one assertion substantiated (tested) by the audit procedures you performed (steps 2, 3, 5, 9, 10, and 12 listed in Work Paper 16-1) and identify what potential errors could be detected by performing the procedure. EARTHWEAR CLOTHIERS Cash Audit Procedures Evaluation December 31, 2014 Steps Audit Procedure Assertion(s) Substantiated (Tested) by the Procedure Errors Detected by Procedure 2 Agree the bank balance on the bank reconciliation with the balance shown on the standard bank confirmation. 3 Trace the deposits in transit on the bank reconciliation to the cutoff bank statement. 5 Agree any charges included on the cutoff bank statement to the bank reconciliation. 9 Agree the December cash receipts shown on the proof of cash with the December cash receipts journal. 10 Agree the December cash disbursements shown on the proof of cash with the December cash disbursements journal. 12 Trace any bank charges or adjustments listed on the proof of cash to the cutoff bank statement