1(a). Using a bank reconciliation as a control device Lynn Cavender owns Cavender's Boot City. She fears that a trusted employee has been stealing from the company. This employee receives cash from customers and also prepares the monthly bank reconciliation. To check up on the employees, Cavender prepares her bank reconciliation, as follows. This reconciliation is both complete and accurate. CAVENDER'S BOOT CITY Bank reconciliation 29 February 2022 Bank Books Balance, 29 February $1,500 Balance, 29 February $1,000 Add: Deposits in transit 400 Add: Bank collection 820 Interest revenue 10 Less: Outstanding cheques (1,100) Less: Service charge (30) Adjusted bank balance $800 Adjusted book balance $1,800 Which side of the reconciliation shows the true cash balance? What is Cavender's true cash balance? Does it appear that the employee has stolen from the company? If so, how much?