The following is the bank columns of the cashbook for December $2022$ and the bank statement for thatmonth for Sailor Moon:BANK COLUMN OF CASHBOOKDATE DETAILS AMT $($$$)$ DATE DETAILS AMT $($$$)$Dec$-01$ Balance b$/$d $370$ Dec$-03$ Tax authority $(219)150$Dec$-09$ Luffy $300$ Dec$-09$ Spike $(220)175$Dec$-12$ Elric $185$ Dec$-16$ Vegetta $(221)130$Dec$-17$ Naruto $100$ Dec$-30$ Kenshin $(222)210$Dec$-31$ Goku $130$ Dec$-30$ Kakashi $(223)150$Dec$-31$ Balance c$/$d $1501,0851,085$The bank statement for the corresponding period was as follows:DATE DETAILS DR CR BALANCEDec$-01$ Balance b$/$d $370$Dec$-05$ Cheque $(219)150220$Dec$-10$ Cheque $($Luffy$)300520$Dec$-11$ Cheque $(220)175345$Dec$-14$ Cheque $($Elric$)185530$Dec$-19$ Cheque $(221)130400$Dec$-29$ Credit transfer Motoko $8501,250$Dec$-30$ Bank charges $501,200$Dec$-30$ Direct Debit $400800$Required:a$)$ Write up an updated cashbook and state the new balance as on December $31,2022(5$ marks$)$b$)$ Draw up a bank reconciliation statement as on December $31,2022(5$ marks$)$