0 Part 3 of 3-SECTION B ANSWER ALL QUESTIONS IN THIS SECTION Question 2 of 3 15 Points Bank Pass book of Mr. Abraham Industries showed a credit balance of Sh. 27,350 on July 31, 2016. The following differences were found on that date between the cash book and the pass book: 1. Cheques issued before July 31, 2006, amounting to Sh.19.000 had not been presented for payment. 2. Two cheques of Sh.5.000 and Sh.3,500 were deposited into bank on July 31, but the bank gives credit for the same in August. 3. Insurance premium directly paid by bank Sh.5.000. 4. Sh.2.000 wrongly debited to the firm account by the bank. Required: a) Prepare Bank Reconciliation Statement as on July 31,2016. (8 Marks) b) Explain the main accounting errors that do not affect the trial balance (7 Marks) Click "Browse" to locate your file and then click "Upload" to upload your file. (Maximum file size: 40MB) File: Choose File No file chosen Upload Chat Next Save hp post ende einfa sc f2 13 D f4 O 15 16 17 18 19 D f11 112 B 9