For each of the statements below indicate whether it is true or false. For those statements indicated as "False" give a brief reason why it is "False".

Answer in table format with columns for Question Number, True$/$False and Reason for False answer.

$\backslash$table$[[$No$,$Details,Reason for False,$],[$Q$\mathrm{.}1\mathrm{.}1,\backslash$table$[[$If all the necessary monthly procedures have been$],[$completed in the books of a business, the bank$],[$balance appearing in the trial balance should reflect$],[$the reconciled bank balance on which strategic$],[$decisions can be based.$]],\backslash$table$[[$ans$]],],[,\backslash$table$[[$Q$\mathrm{.}1\mathrm{.}2],[$a debit balance of R$26950$ at $31$ May $2024$ while the$],[$balance of R$22700.$ The bookkeeper identified two$],[$differences between the balances. These are an$],[$outstanding deposit made on $30$ May $2024$ for R$2500$ statement shows a closing credit$],[$not yet recorded by the bank and stop orders$],[$totalling R$1750$ not yet recorded by the business. The$],[$bank balance in the final trial balance will be shown$],[$as R$23450($debit$).]],,],[,\backslash$table$[[$Q$\mathrm{.}1\mathrm{.}3],[$A direct deposit by the debtor not yet recorded in the$],[$cash journals is an example of a timing difference.$],[$is an example of an adjusting difference in the cash$],[$book receipts journal.$]],,]]$