Jane Sharma is a trader. Her financial year ends on 30 April The bank columns of her cash book for the month of April 2008 were as follows: Cash Book (bank columns only) Jane Sharma's business bank statement for April 2008 was as follow5: Bank Statement at 30 April 2008 The following errors were discovered: 1. The cash book balance brought forward on 1 April should have been $2120. 2. The bank had credited dividend received, \$62, to Jane Sharma's business account instead of her personal account. REQUIRED a) State two reasons, other than finding errors, why Jane Sharma should reconcile her cas book with the statement received from the bank. b) Update Jane Sharma's cash book. Bring down the updated cash book balance on 1 tha 2008. c) Prepare a bank reconciliation statement for Jane Sharma at 30 April 2008. d) State the bank balance that should be shown in the Statement of financial position of Jan Sharma at 30 April 2008. State whether it is an asset or a liability