Requirement 3. Describe how a bank account and the bank reconciliation help the general manager control Durkin Automotive's cash A bank account helps control cash by: (Select all statements that apply. If a box is not used in the table, leave the box empty, do not select a label) A bank reconciliation helps control cash by: (Select all statements that apply. If a box is not used in the table, leave the box empty, do not select a label.) detecting all instances of theft detecting errors in posting collections to accounts receivable. ensuring that the bank and book records of cash are correct. ensuring that the company accounts for all its cash transactions correctly. establishing the balance of cash to report on the balance sheet providing a place for safekeeping detecting all instances of theft. detecting errors in posting collections to accounts receivable. ensuring that the bank and book records of cash are correct. ensuring that the company accounts for all its cash transactions providing a place for safekeeping providing a detailed list of cash transactions that managers can compare to the books to correct book errors quickly