Question 1 (33 marks) Part I (17 marks) View Ltd has received its bank statement for the month of June from Citibank. There were neither outstanding checks nor deposits in transit at May 31 . The following information is given regarding the cash account and bank statement: Notes: A careful examination of cash account record reveals that a check of $980 paid for supplies was wrongly recorded in the book as $890. Required: (a) Prepare a bank reconciliation statement as at 30 June 2022. Show your workings. (10 marks) (b) Prepare the reconciling journal entries that should be made in the accounting records of View Ltd. (7 marks) Part II (16 marks) Mimmy Company uses the Income Statement approach to estimate the uncollectible accounts receivable. During the current year, the following transactions occurred: Required: (a) Prepare the general journal entries to record these transactions. (10 marks) (b) If the balance of the Allowance for Impairment account was $8,000(Cr) on January 1 of the current year, determine the balance of the allowance for uncollectible accounts at December 31 of the current year. Assume that the transactions above are the only transactions affecting the allowance for impairment accounts during the year. Show your workings. (6 marks)