4A- Bank reconciliation (5marks) On November 30, 2021, Space Manufacturing Ltd. (SML) received its bank statement from the Royal Bank. It stated that SML had a balance of $1,780 at November 30. The company's general ledger showed a cash balance of $1,897 at that date. A comparison of the bank statement and the accounting records revealed the following information: Bank service charges for the month were $8. The company had written and mailed out cheques with a value of $290 that had not yet cleared the bank. A cheque from one of SML's customers in the amount of $164 that had been deposited during the last week of November was returned with the bank statement as NSF. A payment of $49 for monthly insurance expense was automatically deducted from SML's bank account on November 22. SML's bookkeeper had forgotten to record this transaction. During the month, the company's bookkeeper had recorded a cheque (#1810) paid for utilities as $115 rather than $151 (which was the amount written on the cheque and processed by the bank). The cash receipts for November 30 amounted to $150 and had been deposited in the night drop slot at the bank on the evening of November 30. These were not reflected on the bank statement for November