The following information was taken from the books of Orlando Pirates Traders for April and May 2020 Table of items appearing on the bank reconciliation statement of Orlando Pirates Traders for April 2020 Details Amount (R) Balance as per bank statement 55 114.23 Less outstanding cheques: Outstanding cheque: Cheque 242 (4 131.20) Outstanding cheque: Cheque 243 (2 991.05) Add outstanding deposits: Outstanding deposit: Deposit Slip no.52 6583.45 Balance as per bank account 54 575.43 Bank statement from Sundowns Bank for Orlando Pirates Traders - May 2020 DATE DESCRIPTION DEBIT (R) CREDIT (R) 1 Opening Balance 1 Deposit 6 583.45 4 Cheque 244 15 101.82 6 Cheque 242 4 131.20 8 Cheque 243 2 991.05 13 Deposit 18 532.62 20 Cheque 247 1 328.10 21 Cheque 245 1 098.22 22 Deposit 17 688.49 24 Deposit 26 620.56 25 Monthly service fees 350.00 26 Direct deposit - L. Radebe 3 000.00 27 Cheque 598 1 000.00 30 Debit order - Cell C 8 654.20 BALANCE (R) 55 114.23 61 697.68 46 595.86 42 464.66 39 473.61 58 006.23 56 678.13 55 579.91 73 268.40 99 888.96 99 538.96 102 538.96 101 538.96 92 884.76 Cashbook Payments of Orlando Pirates Traders - May 2020 CHEQUE DATE COUNTERFOIL AMOUNT (R) NUMBER 4 CC244 15 101.82 17 CC245 1 098.22 20 CC246 8 379.66 26 CC247 1 328.10 30 CC248 4916.34 30 824.14 Cashbook Receipts of Orlando Pirates Traders - May 2020 DEPOSIT SLIP DATE AMOUNT NUMBER 13 DS63 18 532.62 22 DS64 17 688.49 24 DS65 26 620.56 30 DS67 27 555.22 90 396.89 Cheque 598 relates to another business and was included on the bank statement in error. This has not yet been corrected Required: Q.1.1 Prepare the cashbook payments and cashbook receipts for May 2020. (8) Start with the totals above. Only the columns provided in your answer booklet are required. (6) Q.1.2 Prepare the bank account in the general ledger for May 2020. Properly balance this account. Q.1.3 Prepare the bank reconciliation statement for May 2020. (6) Q.1.1 (8) Cashbook payments of Orlando Pirates Traders - May 2020 Date Details Bank 31 Balance 30 824.14 Cashbook receipts of Orlando Pirates Traders - May 2020 Date Details Bank 31 Balance 90 396.89 Q.1.2 General ledger of Orlando Pirates Traders - May 2020 (6) Bank Date Details Fol. Amount (R) Date Details Fol. Amount (R) Q.1.3 Bank reconciliation statement May 2020 (6) Balance as per bank statement Add deposits outstanding Less cheques outstanding Bank error Balance as per bank account