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The following information was extracted from the General Ledger (GL), as well as the bank account and bank statement, of Crazy 8 Ltd. The following

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The following information was extracted from the General Ledger (GL), as well as the bank account and bank statement, of Crazy 8 Ltd. The following transactions were identified after the bank statement was scrutinised: - A deposit of R8 900, made on 30 December 2022, does not appear on the bank statement. The bank erroneously recorded a direct deposit of R15 700 as R17 500, in the company's bank account. - The following cheques did not appear on the bank statement: O Milpark Education Principles of Accounting ACCP02-5 Assignment C November 2023 Page 3 of 6 Required: 2.1 Prepare the bank reconciliation statement of Crazy 8 Ltd on 31 December 2022. (8) 2.2 Assume a cheque deposit was received from a debtor. The cheque was retumed by the bank and marked 'Retum to Drawer (R/D)', due to insufficient funds. Explain the process that must be followed to deal with this dishonoured cheque. (2)

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