Winfray Co. records all cash receipts on the basis of its cash register tapes. Winfray Co. discovered during January 2023 that one of its sales clerks had stolen an undetermined amount of cash receipts when she took the daily deposits to the bank. The following data have been gathered for January:

There were no outstanding deposits on January 31, 2023.

Required

1. Determine the amount of cash receipts stolen by the sales clerk.

2. What accounting controls would have prevented or detected this theft?

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Note collection.... Bank service charges. Interest earned.......... $ 2,500 80 500 6,450 31,000 36,938 Outstanding cheques as of January 31, 2023........ Cash in the bank per the general ledger account. Cash according to the January 31, 2023, bank statement.............