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The cash data of Donald Automotive for November 2016 follow Click the icon to view the checkbook) Donald Automotive received the following bank statement on

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The cash data of Donald Automotive for November 2016 follow Click the icon to view the checkbook) Donald Automotive received the following bank statement on November 30, 2016 B (Click the icon to view the bank statement. (Click the icon to view the additional data for the bank reconciliation) Read the requirements Requirement 3. Describe how a bank account and the bank reconciliation help the general manager control Donald 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 Cash Account No. 101 Date Item Jrnl. Ref. Debit Credit Balance November 1 Balance 7,500 30 CR6 9,376 16,876 30 CP 11 9,380 7,496 Cash Receipts (CR) Cash Payments (CP) Date Cash Debit Check No. Cash Credit November 2 S 2,949 3113 $ 1,465 8 544 3114 1,180 10 1,638 3115 1,730 16 862 3116 43 22 410 3117 844 29 869 3118 152 2,104 30 3119 438 S Total 9,376 3120 967 3121 199 2,362 3122 $ $ 9.380 Total Bank Statement for November 2016 Beginning balance $ $ 7,500 Deposits and other additions: November 1 $ 775 EFT 4 2,949 9 544 12 1,638 17 862 22 410 1.250 BC 23 8,428 Checks and other deductions: November 7 $ 1,465 13 1,370 14 419 US 15 1,180 18 43 21 308 EFT 26 844 30 152 30 SC (5,811) 30 $ 10.117 Ending balance 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 detect errors cash st select a label)

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