QUESTION 1 The following information is available to reconcile Sheira Bhd book balance of cash with its bank statement cash balance as at 31 July 2019. 1. After all posting is complete on 31 July, the company's Cash account has a RM441,275 debit balance, but its July bank statement shows a RM445,006 cash balance. 2. Cheque No. 4011 for RM1,500 and Cheque No. 4016 for RM350 were still outstanding on the 30 June bank reconciliation. However, Cheque No. 4016 is listed with the July cancelled cheques, but Cheque No. 4011 is not cancelled. 3. Cheque No. 4071 for RM450 and Cheque No. 4055 for RM3,456, both written in July, are not appear in the 31 July statement. 4. While doing a comparison on the bank statement with the entries in the book records, it is found that Cheque No. 4073 was correctly written and drawn for RM2,540 to pay for the cash purchase of office supplies but was erroneously entered in the book records as RM2,450. 5. A RM10,000 note receivable was collected by the bank for Sheira Bhd on 31 July plus RM400 interest. The bank charged a collection fee of RM15. This event is not recorded by Sheira Bhd. 6. The bank issued a RM845 debit memorandum for a non-sufficient fund (NSF) cheque. A customer, Hussin Enterprise, presented the cheque. Sheira Bhd has not yet recorded this cheque as NSF. 7. Enclosed with the July statement is a RM25 debit memorandum for bank services. It has not yet been recorded because no previous notification had been received. 8. 31 July daily cash receipts of RM10,500 were placed in the bank's night depository on that date, but do not appear on the July bank statement. 9. The statement included a debit memorandum of RM150 for the printing of additional company cheques, but not recorded by Sheira Bhd. 10. A cheque written for RM9,050 had been incorrectly cleared by the bank as RM9,500. REQUIRED: (a) Prepare the bank reconciliation for Sheira Bhd as at 31 July 2019. (b) Prepare the necessary journal entries to bring Sheira Bhd's book balance of cash to the reconciled balance as at 31 July 2019