Required:Using the bank reconciliation that follows for a client company's cash account, identify the likely audit procedure associated with each of the "tick marks" indicated below:

Balance per bank as of December 31, 2018 $36,751.82 -

Add: Deposits in transit

December 31, 2018 8,623.58 -

45,375.40

Less: Outstanding checks

# 504$8,841.76

1491 1,983.60

1539 3,710.84

1540 7,242.44

1541 5,153.78

154212,000.00 38,932.42 -

Corrected balance as of December 31, 2018 $6,442.98

Unadjusted balance per books as of December 31, 2018 $1,100.18 -

Add: Note receivable collected directly by bank

($5500 face value plus $550 interest)6,050.00 -

Less: Bank service charges$11.00

NSF check returned by bank 400.00

Error on the books (Check #1501)296.20707.20

Corrected balance as of December 31, 2018 $6,442.98

Explain the most likely meaning of each of the TICKMARKS (As Used Above):

- traced balance to bank confirmation

-- trace deposits in transit amount to cutoff bank statement

--examined canceled checks for proper payee, amount, and endorsement

--trace balance per book to the general ledger

-- trace deposits in transit on the bank reconciliation to the cutoff bank statement