CleanLiving Enterprises runs an organic food store and has a bank account at

EcoBank. The bank statement as of $30$ April $2023$ indicated a credit balance of R$20$

$000.$

Upon examining the entity's general ledger and the previous month's bank

reconciliation, the following discrepancies and new information were found:

$1.$ Deposits:

$$ A sum of R$8500$ from cash sales made on $30$ April $2023$ was deposited but did

not appear on the bank statement.

$2.$ Outstanding Cheques:

$$ Cheque no$.007$ for R$3500$ was issued to Organic Suppliers on $25$ April $2023$

but has not cleared.

$$ Cheque no$.008$ for R$2500$ was issued on $28$ April $2023$ for office renovations

and has not cleared.

$3.$ Direct Debits:

$$ CleanLiving Enterprises has a loan with EcoBank. The bank debits R$5000$ on

the last day of every month as a loan repayment. The company missed

recording April's loan repayment.

$4.$ Bank Charges & Credits:

$$ The bank statement showed a bank charge of R$150$ still to be recorded.

$5.$ Errors:

$$ CleanLiving Enterprises's bookkeeper mistakenly recorded a payment of R$4$

$000$ as R$400.$

$$ The bank statement showed a deposit of R$3000,$ which doesn't belong to

CleanLiving Enterprises. After inquiring with the bank, it was found to be an

error on the bank's part.

The Bank general ledger account should end with a debit balance of R$10750$ on $30$

April $2023$ after taking into account all adjustments.REQUIRED:

$2\mathrm{.}1$ Prepare the bank reconciliation of CleanLiving Enterprises as at $30$ April $2023.$

$(10$ marks$)$

$2\mathrm{.}2$ Explain the reason for any three types of adjustments made during CleanLiving

Enterprises$$ reconciliation process