On November 30, SugarMama Plc has the below information related to cheques and cash: 1. The bank balance as per the accounting records of the company amounts to $42,500 and the bank balance as per the bank statement amounts to $37,758. 2. Collected cash of $6,244 on November 30 will be transferred to the Bank on December 1. 3. In the Bank Statement there is a credit of $167 showed as interest earned for November. 4. There are two Outstanding Cheques NO 921 of amount $964 and NO 925 of amount $1,085. 5. In the Bank Statement there is a debit of $14 shown as Bank Service Charges, Non- Sufficient-Funds Cheque of Mr. Candy with $700. Required: a. Prepare a Bank reconciliation statement on November 30. b. Prepare the necessary journal entries after the preparation of the Bank reconciliation.