3 The following is the cashbook and bank statement for Wafula wholesale shop for the month of May 2023.As at 31 st May 2023 ,the bank account in the cash book had a debit balance of shs 39,200 while the bank statement had a credit balance of shs 50,520. DR(deposits) CASH BOOK (Bank a/c) CR(withdrawals) 1/5/23 Bal b/d 39,200 2/5/23 Opetu 4,400 8/5/23 Mike 9,500 12/5/23 Dan 2,870 16/5/23 Joseph 5,720 19/5/23 Ann 8,800 19/5/23 Otieno 11,600 30/5/23 Bal c/d 56,350 27/5/23 Saitoti 6,400 72,420 72,420 30/5/23 Bal b/d 56,350 Bank statement 2023 May Debit(withdrawals) Credit(deposits) Balance 1 Bal b/d 39,200 (CR) 4 Opetu 4,400 34,800 (CR) 10 Mike 9,500 25,300 (CR) 11 Ledger fees 180 25,120 (CR) 19 Ann 8,800 16,320(CR) 22 Standing order-Loan 4,670 11,650 (CR) 25 Direct deposit-Magda 10,900 22,550 (CR) 28 Saitoti 6,400 28,950 (CR) 30 Credit transfer 2,570 31,520 (CR) Required (a) Prepare the updated cash book as at 31/5/23 (b) Bank reconciliation statement as at 31/5/23 (12 marks)