hi. please complete 1.1,1.2 and 1.3
(9) Q.1.1 Mpho cannot understand why the balance of her bank account in the general ledger does not balance to the monthly bank statement that she receives from the bank. Required: Give Mpho three (3) reasons why a difference may occur between the balance of her bank account in the general ledger and the balance on the monthly bank statement. For each reason briefly explain, in your own words, why the difference arises. Provide one example of each reason. 6) (6) Q.1.2 For each of the following statements, indicate if the statement is true or false by completing the table below. In your answer book you need only write the number of the question and indicate whether it is true or false. For example, Q.1.2.x - True: TRUE FALSE STATEMENT Q.1.2.1 Interest on current is an example of a timing difference. Q.1.2.2 Direct deposit is an example of an adjusting difference. Q.1.2.3 Bank charges is an example of a timing difference. Q.1.2.4 Interest on overdraft is an example of a timing difference. Q.1.2.5 Debit order is an example of an adjusting difference. Q.1.2.6 Bank understates a deposit on the bank statement is an example of a timing difference. 22 2022 (5) Q.1.3 Match the statement in column A with the correct term in column B. In your answer book you need only write the letter from Column A with the correct number from Column B. For example, F-9. Mpho owns a retail shop called Mpho's General Dealers and sells goods mostly for cash. Only one customer, Mr Andile, buys goods on credit from Mpho. Mpho also purchases goods for cash and on credit from only one supplier, Zoom Stores. Column A A Zoom Stores. Column B 1. Creditor's Control or Accounts Payable 2. Creditor 3. Debtor's List B. C. 4. Debtor Mr Andile. General ledger account that provides us with an exact amount of how much is being owed to us from credit sales. D. General ledger account that provides us with an exact amount of how much we owe from credit purchases. The list that is totalled and compared with the balance of the debtor's control account at the end of each month. E. 5. Debtor's Control or Accounts receivable 6. 7. Bank statement Cash book receipts Cash book payments 8