Question	Check Number	Bank Accounts			Date Disbursed		Date Deposited
		From	To	Amount	Books	Bank	Books	Bank
1	2001	City Bank	3rd National	60,000	12/28	12/31	12/28	12/28
2	2002	City Bank	Portland	80,000	12/28	1/3	12/31	12/31
3	6734	1st City	City Bank	42,000	1/3	12/31	12/31	12/31
4	3580	Portland	3rd National	75,000	1/2	1/4	12/30	12/30
5	2008	City Bank	3rd National	44,000	12/31	1/5	12/31	1/3
6	2009	City Bank	Portland	67,000	1/1	12/31	1/1	12/31
7	4005	3rd National	City Bank	33,000	12/31	1/4	1/5	1/5
8	3599	Portland	City Bank	56,000	12/29	12/31	1/3	12/31

As of year-end (12/31) for each of the checks above:

1. Is cash on the balance sheet overstated, understated, or properly stated?
2. If overstated or understated, would the misstatement be caught when reconciling the bank cash balance for each account to the book cash balance?