Need help with A. Which is determining the amount of cash receipts stolen by the sales clerk.

n to Determine Cash Receipts Stolen Pala Co. records all cash receipts on the basis of its cash register tapes. Pala Co. discovered during April 20Y1 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 April Cash in bank according to the company records Cash according to the April 30, 20Y1, bank statement Outstanding checks as of April 30, 20Y1 Bank service charges for April Note recelvable, including Interest collected by bank in April No deposits were in transit on April 30 $8,065 18,630 5,325 25 8,630 Determine the amount of cash receipts stolen by the sales clerk b. Dally reconciliation of the amount of cash receipts, comparing the cash register tapesto a receipt from the bank as to the amount deposited, like a duplicate deposit ticket , would discourage theft of the cash receipts, as in the case of First Impressions Co. a. Prepare a bank reconciliation. The adjusted balances in the bank and company sections of the reconcililation will not be equal. The difference is the stolen cash. b. As you answer this consider whether Pala's has control procedures regarding the separation of responsibilities for related operations. Also, check if they