Question 5 On July 31 of the current year, the cash account in Save Company's general ledger had a debit balance of GHS 18,434.27. the July 31 bank statement showed a balance of GHS 19,726.40. In reconciling the two amounts, you discover the following: (i) Bank deposits made by Save on July 31 amounting to GHS 2,145.40 do not appear on the bank statement. (ii) An account receivable for GHS 2,000 left with the bank for collection, was collected by the near the end of July. The bank credited the proceeds, less a GHS 5 collection charge, on the bank statement. Save Company has not recorded the collection. (iii) Accompanying the bank statement is a debit indicating that Kwesi Fynns cheque for GHS 450 was charged against bank account on July 30 because of insufficient funds. (iv) Cheque No. 42, written for advertising expense of GHS869.10, was recorded as GHS 896.10 in Save Companys cash book. (v) A comparison of the paid cheque was returned by the bank with the cash book revealed the following cheques still outstanding at July 31: GHS GHS No. 245 306.63 No. 250 190.00 No. 246 440.00 No. 252 282.50 No. 248 476.40 No. 251 243.00 (vi) The bank mistakenly charged Save Companys account for cheque printing costs of GHS 30.50, which should have been charged to save company. (vii) The bank charged save companys account GHS 42.50 for Save rental of safe deposits box. No entry has been made in Saves records for this expense. Required Prepare a bank reconciliation at July 31.