13. The following is a summary from the cashbook of PAUL Company Ltd for March 2008 CASH BOOK GH GHe Opening balance Payments 15.520 Receipts 15,073 Closing balance 960 16.480 16,480 1,407 On investigation, you discovered that: a) Bank Charges of GH 3,500 shown on the Bank Statement have not been entered in the cashbook. COMPILED BY ALHASSAN Y. TRAWULE 0242 732976 / 0200618132 FTF 2 2017/18 ACADEMIC YEAR ACCOUNTING & FINANCE FOR MANAGERS b) A cheque drawn for GH47,000 has been entered in error as receipt. c) Dishonoured cheque of GH8.000 has not been written back in the cashbook. d) Three cheques paid to suppliers for GH 214,000, GH 370,000 and GH 30,000 have not yet been presented to the bank. e) The last page of the paying - in - book shows a deposit of GH542 which has not yet been credited to the account. f) The bank has debited a cheque for GH72,000 in error to the company's account. g) The bank statement shows a balance of an overdraft of GH436,918 You are required to 1. Show what adjustment you would make in the cashbook II. Prepare a bank reconciliation statement as at 31 March 2008