2. A cheque for RM831 was cleared from Kembara's bank account, but the cheque was actually written by another company, Kinara Sdn Bhd. 3. The bank charged Kembara's for a non-sufficient cheque totalling RM1,311. The credit manager of Kembara conduded that the customer intentionally closed its account and the owner left the city. The cheque was turned over to a collection agency. 4. A note receivable for RM1,000 plus interest of RM100 was paid directly into Kembara's account, under an agreement also signed 5 months ago. Required: a) Describe how the auditor needs to examine whether the client holds the right to the cash and bank balances to satisfy the rights and obligation assertion. (2 marks) b) For the following FOUR (4) reconciliation items in Bank Reconciliation Statement above, describe the necessary audit procedures to verify the items. a. Deposits in transit RM3,012 b. Cheque erroneously charged RM831 c. Bank Service Charge RM158 d. NSF Cheque RM1,311 (8 marks)