Question 3 Sun Ltd's Cash Book on 31 August 2020 showed a debit balance of $5,000 at the bank but the Bank Statement of the same date had a credit balance of $9,000. After comparing the Cash Book with the Bank Statement, the following were discovered: (1) The bank had paid out $1,000 to Moon Ltd as a standing order. (ii) The bank had received a credit transfer on dividends earned $2,000. (iii) The bank had erroneously credited $5,000 into Sun Ltd's account. The $5,000 was meant for another bank client. (iv) Cheques deposited for $4,000 had not been credited by the bank. (v) There are outstanding cheques for $2,000. REQUIRED: (a) Bring the Cash Book of Sun Ltd up to date showing the new balance brought down to the following month. [10 marks] (b) Prepare the Bank Reconciliation Statement to reconcile the difference. [10 marks]