Using the information for R Tambo given in figure 8.40, prepare the bank reconciliation statement and cash balance summary. If any adjustments are required, assume that the bank statement is correct, unless you are told that the bank has acknowledged a mistake.

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Bank Reconciliation Statement of R Tambo as at 31 March 2022 Debit balance as per bank statement [31 March 2022] add Outstanding remittance receipts less Unpresented remittance payments Debit balance as per general ledger Bank account Chq 245481 Chq 245486 21.33 393.53 (1 746.40) 2 234.91 488.51 414.86 73.65