Reset Selection Question 8 of 20 2 Points The following statements relate to a bank reconciliation: (1) Amounts deposited directly into the current account of the entity by third parties, will have to be entered on the cash payments journal when the bank reconciliation is being done. (2) Bank charges and debit orders that appear on the bank statement of the entity but not in the bank account, in the general ledger, of the entity will have to be entered onto the cash receipts journal when the bank reconciliation is being done. (3) Errors made by the bank will have to be corrected by the bank and will appear nowhere when the bank reconciliation is being done (4) A credit balance in the bank statement and a debit balance in the entity's bank account in the ledger show a favourable bank balance Which one of the following groups correctly reflects all the statements that are true? A (3) and (4) OB Only (4) C. (1), (2) and (4) D. (1). (2) and (3) E (2) and (4) Rese: Seston 10 to search BI