Problem 7-6A Blossom Company is a very profitable small business. It has not, however, glven much consideration to intemal control. For example, in an attempt to keep clerical and office 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, ond prepares the monthly bonk reconciliations The balance per the bonk statement on October 31, 2017, wos $18,368.00. Outstanding checks were No, 62 for $140.00, No, 183 for 5170.00, No. 284 for $253.00, No. 862 for 5190.00, No. 863 for 5226.00, and No, 804 for $165.00. Included with the statement was a crexit memorandurm of $185.00 indicating the collection of a nute receivable for Blossom Company by the hank on October 25. This memoran lum has not heen recorded by Blossom prepored the following bonk reconciliotion In an effort to conceal his theft of cash. Cosh bolonce per books, October 31 21,30.OU No. 8 No. A6 No. 86 $190.0U 26.00 165.00 181.00 22,348.00 Less: Undeposited receipts Unadjusted balance per bank, October 31 Less: Bank credit memorandum Cash balance per bank statement, October 31 18,553.00 185.00 $18,368.00