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QUESTION 1: You are doing the first-year audit of Sberman School District and have been assigned responsibility for doing a four-column proof of cash for the month gf.Qstobsr 20017. You obtain the following infomation: REQUIRED: a. Prepare a four-column proof of cash for the month ended October 31. It sbould sbow both adjusted and unadjusted cash. b. Prepare al journal eatries. 1 Balance per books Proof of Cash 30 October 850 Balance onCasReceipts Cash Balance on 2Balance per bank 30 October 31 r 30 October 31 4 Cash Per bank Per for October $19,711 in transi October 3 6. Interest on a bank loan for the month of October, charged by the bank but not recorded, was $596 7. Proceeds on a note of the Jones Company were collected by the bank on October 28 but were not entered on the books: Principal 3,300 Interest S 307 Total 53,607 8. On October 26, a $407 cheque of the Billings Company was charged to Sherman School District's account by the bank in error 9. Dishonoured cheques are not recoeded on the books.unless they permanently fail to clcar the bank. The bank treats them as disbursements when they are dishonoured and deposits when they are re-deposited. Cheques totalling $609 were dishonoured in October $300 was re-deposited in October and $309 in November b. Adjusting journal entries