Question 10 (15 marks) On December 31, 2004, Shoppers Fair Supermarket cash book (bank column) showed a balance of $630.91, but his bank statement showed a bank overdraft of $1128.93. The following discrepancies account for the difference: a) Interest on fixed deposit $160 was credited shopper's Fairs bank account, but no entry had been made in the cash book. b) Cheques paid to the following Creditors had not yet been presented for payment: c) The following standing orders had been paid by the bank, but no entry had been made in the cash book: d) A cheque paid to M Cole $55.00 had been entered correctly in the bank statement but was entered in the cash book as $50.00 e) The bank had deducted charges of $14.25 but no record of this had been made in the cash book f) Cash sales of $490.52 on March 31 had not yet been recorded in the bank You are required to prepare bank reconciliation statement starting with the bank statement balance. (15 marks)