The bank reconciliation statement of Darven Ltd for April 2021 is set out below: $ 38 924.00 Cr 1) Bank reconciliation statement on 30 April 2021: CR Balance as per bank statement Add: Outstanding 3 deposit 066.00 41 990.00 Les S: Un pre sen ted che que S not deb ited by ban k: $ 209.00 No. 07 36 0741 0747 0750 DR Balance as per Cash at Bank account 344.00 551.00 433.00 (1 537.00) $ 40 453.00 Dr 2) The cash receipts and cash payments journals for the period ending 31 May, 2021 were as follows: Darven Ltd. Cash Receipts Journal Date Particulars $ May 1 Deposit 6 373.00 May 6 Deposit 934.00 May 11 Deposit 972.00 Darven Ltd Cash Payments Journal Date Cheque # $ May 2 0756 1595.00 May 4 0757 27 323.00 May 7 0758 438.00 0759 977.00 0760 1 295.00 May 14 0761 900.00 May 17 0762 1 811.00 May 20 0763 3 991.00 May 27 0764 2004.00 May 31 0765 1 375.00 TOTAL 41 709.00 May 18 Deposit May 21 Deposit 819.00 3 817.00 May 25 Deposit May 28 Deposit May 31 Deposit TOTAL 692.00 2 667.00 593.00 16 867.00 3) Doreen Ltd's Bank statement at 31 May, 2021 is shown on the following page: Credit Belance 38924 OR WAT BANK WICHTOWN Statement of Account - Darven Ltd. Date Particulars Dear 2021 Brought forward May 1 Deposit Cheque 0736 209 Cheque 750 433 2 Deposit 5 Cheque 0757 27 323 3066 41 348 OR 6 37 47721 OR 375 934 20 773 OR 21707 21 297 OR 40 977 1925 972 19 367 OR 19 GOSOR 288 229 Investment interest 6 Deposit 7 Dell Insurance 10 Cheque 0759 Cheque 0760 12 Deposit 13 Dividend on BRC shares 18 Deposit Cheque 0762 20 Cheque 0761 Cheque 0763 21 Deposit 25 Deposit 26 Account keeping fee 28 Deposit 29 Cheque 0764 18613 OR 1811 900 1991 317 692 137220 17539 OR 30 231 OR 18172 OR 208390 18 835 59 2004 Required: a) Complete the cash receipts and cash payments journals showing the necessary adjustments Calculate the new totals for each journal. NB: Assume the business records are correct b) Prepare the Cash at Bank Ledger Account as at 31 May, 2021 Prepare a Bank reconciliation statement as at 31 May, 2021. d) in your own words explain how the preparation of the bank reconciliations assists the Internal control of cash for Darven Ltd. Identify at least three (3) key control points of the reconciliation process