Sur Inria les me keep on belo w the short in a year wally clear about Sio to $10 extra per day Discuss this case from the viewpoint of proper controls and professional behavior Case S-5 Bank reconciliation and internal control The records of Clairement Company indicate an August 31, 20Y1 cash balance of $6.675 which includes undeposited receipts for August 30 and 31. The cash balance on the bank statement as of August 31 .350. This balance includes note of $5.000 plus $210 inter est collected by the bank but not recorded in the sournal. Check outstanding on August 31 were as follows: No. 370, 5580, No. 379, 5615: No. 390,8900, No. 1148, $225, No. 11:49 $300, and No. 1151, 5750. On August 9, the cashier resigned, effective at the end of the month. Before leaving on August 31, the cashier prepare the following bank monciliation Cash balance per books, August 31, 2011 $6,675 Add outstanding checks No. 1148 1,175 Less undeposited receipts Cash balance per bank, August 31, 2011 Deduct recorded note with interest True cash August 31, 2011 37.850 Sco 55,350 010) $ 2.140 Caro Type our Chapter Internal Control and Cash Subsequently, the owner of Clairmont Company discovered that the cashier had stolen an unknown amount of undeposited receipts, leaving only $2.500 to be deposited on August 31. The owner, a close family friend, has asked for your help in determining the amount that the former cashier has stolen. 1. Determine the amount the cashier stole from Claremont Company Show your computa tions in good form. 2. How did the cashier attempt to conceal the there 3. Identify two major weaknesses in Internal controls that allowed the cashier to steal the