Part A (10 marks) ABC Limited had the following accounting information available for December 31, 2018: S 34,440 Balance of bank account per the general ledger at Dec 31, 2018 The following information was contained in the company's December 31, 2018 bank statement: Balance of bank account per bank statement at Nov. 30, 2018 Add: December deposits $ 8,540 110,000 118,540 - Deducr: Cheques paid in December Bank service charge Debit memo for electric bill 85,300 250 850 86,400 Balance of bank account per bank statement at Dec. 31, 2018 $_32.140 A comparison of company records with the bank statement provided the following data: At Dec 31, 2018 Deposits in transit $ 4,000 Outstanding cheques 2.800 Required: 1. Prepare below the bank reconciliation for ABC Limited at December 31, 2018 (6 marks). ABC Limited Bank Reconciliation Schedule December 31, 2018 Cash balance from bank statement Adjusted cash balance Cash balance from company records Adjusted cash balance 2. Prepare any required journal entries in proper format based on the bank reconciliation marks Debit Credit Part B. 5 marks) On April 1. Year 1. Rod's Dance Studio established a petty cash fund for $300. By the end of the month, the petty cash custodian requested reimbursement of $225 for the following expenditures from the fund: $58 Office supplies Overtime meals Postage 92 Record the entries to: Credit a) establish the petty cash fund b) replenish the fund and recognize expenses at the end of April