Question 1 (31 marks) Part 1 (20 marks) 3-D Cake Shop engages business in selling special design cakes. The Company adjusts its accounts monthly. Below are the cash account in the Company's accounting records and the Company's bank statement received from Kowloon Bank for September 2020. 3-D Cake Shop Cash account 2020 $ 2020 Aug 31 Balance 121,410 Sep 5 Check written 2,180 (no. 12382) Sep 1-30 Deposits 115,050 Sep 13 Check written 75,595 (no. 12383) Sep 16 Check written 33,410 (no. 12384) Sep 28 Check written 5,780 (no. 12385) Sep 30 Check written 460 (no. 12386) Sep 30 Balance 119,035 Kowloon Bank 3-D Cake Shop - Bank Statement 2020 Aug 31 Balance 121,410 Sep 7 Deposits 62,620 Sep 8 Check no. 12382 (2,180) Sep 16 Deposits 18,940 Sep 17 Check no. 12383 (75,595) Sep 19 Check no. 12384 (34.140) Sep 29 NSF check - Mr. Yuen (a customer) (1,080) Sep 29 Direct credit from a customer 550 Sep 30 Note and interest collected 26,160 Sep 30 Deposits 20,950 Sep 30 Bank charges (80) Sep 30 Balance 137,555 Additional information: 1. No deposit-in-transit and outstanding check were carried forward from last month. 2. The check no. 12384 was written to pay for the utilities expenses and the amount was wrongly recorded in the Company's record. 3. The note and interest collected by the bank represented a $24,000 12% nine-month note receivable issued on 1 January 2020. The principal and accrued interest was due and paid on 30 September 2020. Required: (a) Prepare a bank reconciliation statement as at 30 Sep 2020. (12 marks) (b) Prepare the reconciling journal entries that should be made in the accounting records of 3-D Cake Shop. (8 marks)