Question Alam Dunia Trading prepares a cash book every month to record the cash inflow and outflow for his business. Below is the Cash Book for the month of February 2014: Cash Book 2014 RM 2014 RM Feb 1 Balance b/d 10,330 Feb 11 DO Bhd 850 1 Cash 19 RE Trading 700 7 Baba Bhd 1,350 25 ME Enterprise 300 20 Tata Trading 350 28 FA Sdn Bhd 400 28 Zaza Sdn Bhd 1,400 28 Balance c/d 11,630 13,880 13,880 450 BANK STATEMENT Debit Credit RM RM 450 550 1,350 2014 Transaction Feb 1 Balance b/d 1 Cash deposit 2 Cheque 10 Cheque 18 DO Bhd 19 Cash deposit 21 Credit transfer 22 Bank charges 23 Cheque 28 RE Trading Balance RM 10,330 10,780 10,230 11,580 10,730 11,400 13,000 12,950 13,250 12,550 850 670 1600 50 300 700 Required: Draw up the adjusted cash book up as at 28 February 2014. (5marks) ii. Draw up the Bank Reconciliation Statement as on 28 February 2014. (5 Marks) Differentiate between credit transfer and direct debit (4marks) Explain at least three possibilities of the items that have been recorded on the bank statement but have yet to be recorded by the business. (6 marks)