Using Bank Reconciliation to Determine Cash Receipts Stolen Alaska Impressions Co. records all cash receipts on the basis of its cash register tapes. Alaska Impressions discovered during October 20Y3 that one of its sales clerks had stolen an undetermined amount of cash receipts by taking the daily deposits to the bank. The following data have been gathered for October: $11,680 13,275 Cash in bank according to the general ledger Cash according to the October 31, 20Y3, bank statement Outstanding checks as of October 31, 2013 Bank service charge for October Note receivable, including interest collected by bank in October 3,670 40 2,100 No deposits were in transit on October 31. a. Determine the amount of cash receipts stolen by the sales clerk. $ b. What accounting controls would have prevented or detected this theft? Petty Cash Fund Entries Journalize the entries to record the following: a. Check No. 12-375 is issued to establish a petty cash fund of $500. b. The amount of cash in the petty cash fund is now $180. Check No. 12-476 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $186; miscellaneous selling expense, $77; miscellaneous administrative expense, $48. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account.) a. Journalize the entry to establish the petty cash fund. If an amount box does not require an entry, leave it blank. b. Journalize the entry to replenish the petty cash fund. For a compound transaction, if an amount box does not require an entry, leave it blank