ACL1641 29 August 2019 QUESTION 1 (15 MARKS] Quy The information below relate to Bloomingdale Attorneys. During the course of early March, the supe accountant of Bloomingdale Attorneys received the firms bank statement for February 2019. Mr Smarty (the accountant) noticed that the closing balance of the entity's bank account general ledger and the bank statement from ABD bank did not match. 1. The bank statement received from ABD Bank on 28 February 2019 showed an overdraft (unfavourable balance) of R9 572. 2. The accounting records reflected an unfavourable opening balance of R14 440 in the Bank General Ledger (T-Account) on 1 February 2019. 3. The following appeared in the Bank Statement but not in the Accounting Records (CPJ&CRJ) for February 2019: make accou OU . . . An EFT/Direct Deposit Cheque 191 payment Debit Order for insurance Bank Charges Interest on debit balance R 4600 R 2 200 R 3 600 R 104 R 468 . . 4. The following appeared in the Accounting Records (Cash PJ&CR)) but not in the Bank Statement for February 2019: Deposit R 14 000 Cheque 238 R 1760 Cheque 239 R8 880 . 5. The accounting clerk noted that cheque 191 for R2 200 was dated 15 August 2018. 6. A Deposit of R5 000 which was correctly accounted for in the CRJ was reflecting as R10 000 in the Feb 2019 bank statement. 7. A Cheque Bloomingdale received from the client for R4 200 for services rendered was returned by the bank marked RD (Return to Drawer) 8. The total Receipts in the Cash Receipts Journal reflected as: R 59 200 9. The Total Payments in the Cash Payments Journal reflected as: R 54 400 REQUIRED