8 Bank statement received by IRIZ Enterprise showed differences in balances between the bank statement and the records of bank account. The followings are bank account and bank statement from MMB Bank for the month of March 2019 for IRIZ Enterprise. Bank Account 2019 RM Mar 2019 Mar Cheque RM No Balance bid 6,400 4 Furniture 72591 495 3 Sales-Tan 2,930 7 Insurance 72592 900 8 Commission 175 16 Purchases 72593 2,160 17 Store Lim 600 20 Sundry expenses 72594 474 25 Sales-Gill Sports 29 Sales-Umbro 30 Proshop AA 490 27 Supplier Ali 360 29 Supplier - Bakar 72595 1,700 72596 1,030 1,250 31 Balance eld 5,446 12,205 12.205 Apr 1 Balance bid 5,446 MMB Bank Bank Statement as at 31 March 2019 Cheque Debit Credit Balance Date 2018 Particulars No RM RM RM Mar I Balance b/d 6,400 $ Local Cheque 25646 2.930 9.330 6 Cheque 72591 495 8,835 8 Deposit 175 9.010 9 Cheque 72592 900 8,110 19 Cheque 72593 2.610 5,500 19 Local cheque 13469 600 6,100 20 Dividend-deposit 270 6,370 25 Rent-standing order 500 5,870 30 Cheque 72594 474 5,396 50 5.346 31 Bank charges Additional information 1. Cheque no. 72593 was recorded wrongly in bank account (cash book) 2. Cheque from Umbro deposited on 29th March 2019 was returned by the bank due to an error. Required: a) Prepare journal entries for adjustments. b) Adjust and update the bank account of IRIZ Enterprise. c) Prepare the Bank Reconciliation Statement as at 31st March