Using the following information what is the bank reconciliation for the June 30, 2019 year end.

For every item on the bank reconciliation, explain what supporting evidence you would

obtain to test the item (be specific, do not just say "look at supporting documentation").

Also, provide your conclusion - based on your bank reconciliation, is the cash balance in the

client's books correct? If not - quantify the error. (12 marks)

1. Cash balance per client $100,000

2. Cash balance per the bank statement $125,000

3. The company made the following deposits on June 30, 2019, which have not been

recorded by the bank until July of, 2019.

a. Deposit 1234 $7,000

b. Deposit 1235 $5,000

4. In June, the company bought desks for $5,200. The cash clerk made a typo: he

accidentally recorded the payment as $2,500.

5. In June, the company recorded a $1,200 receipt from a customer, but the bank statement

indicated that that customer did not have enough funds in his account.

6. In June, the bank collected a receivable of $1,700 directly from one of the client's

customers