Additional Problem 35 At the end of the second month of trading, the owner of Momison Services prepared the information for a bank reconciliation. The following has beern provided: 1. The bank ledger account balance at 30 September 2018 was $54,960 2. The bank statement on 31 October 2018 showed a credit balance of 3. A comparison between the business records and the bank statement Dr. $48,230. highlighted the following: () Deposits in the journal but not appearing in the bank statement $3,420 () Interest received directly into the bank account $140 ifi) Unpresented cheques No. 31 for $989, No. 29 for $865 iv) Bank fees and charges $39 only appearing in the bank statement TUTORIAL PROGRAM (v) Chq no. 96 to a creditor recorded as $160 in the CPJ should be $150 as in the bank statement. 4. Other information reveals the total in the Cash Receipts Journal at 31 October 2018 is $27.695, while the total in the Cash Payments Journal at 31 October 2018 is $32.970. Required: (a) Update the bank ledger account to reflect all information. (b)Prepare the bank reconciliation statement at 31 October 2018