QUESTION 2 The following are extracted from the Cash Book of Pfozer and its Bank Statement (received from Sinivac Bank) for the month of January 2020: Cash at bank account in the ledger of fozer January RM January $ 1 Balance b/f 274 1 Wages 3146 8 Q Manufacturing 3443 1 Petty Cash 55 8 R Cement 1146 8 Wages 3106 11 S Limited 638 8 Petty Cash 39 11 T & sons 512 15 Wages 3029 11 U & Co 4174 15 Petty Cash 78 15 V Limited 1426 22 A & Sons 929 15 W Electrical 887 22 B Limited 134 22 X and Associates 1202 22 C & Company 77 26 Y Limited 2875 22 D & E 263 26 Z Limited 982 22 F Limited 1782 29 ABC Limited 1003 22 G Associates 230 29 DEE Corporation 722 22 Wages 3217 29 GHI Limited 2461 22 Petty Cash 91 31 Balance c/f 14 25 H & Partner 26 26 J Sons & Co. Ltd 868 26 K & Co 107 26 L, M & N 666 28 O Limited 112 29 Wages 3191 29 Petty Cash 52 29 P & Sons 561 21759 21759 Pfozers Bank Statement (received from Sinivac Bank, all in RM) January Payment Receipts Balance 1 1135 1 937407 55 1 937406 3146 1 937372 421 2487 2 937384 73 2 937379 155 2715 6 937391 212 2927 8 Sundry credit 4589 8 937408 3106 8 937409 39 1483 11 Sundry credit 5324 3841 15 Sundry credit 2313 15 937411 78 15 937410 3029 3047 22 Sundry credit 1202 22 937418 3217 22 937419 91 941 25 937416 1782 25 937413 134 975 26 937412 929 26 Sundry credit 3857 26 937417 230 1723 27 937415 263 27 937414 77 1383 29 Sundry credit 4186 29 937426 52 29 937425 3191 29 937420 26 29 Dividends on investments 2728 29 937423 666 4362 31 Charges 936 3426 The cheque no. of 937370 until 937399 was issued in the month of December 2019. Required: Prepare a bank reconciliation statement as at 31 January 2020 with an updated cash book as at 31 January 2020.