[Total 25 Marks] QUESTION FIVE Mulenga .C.Ltd prepared the following summary of receipts and payments account for the month of April 2016: K000 K000 770 1370 2140 Receipts 1 478 Balance bld Balance c/d 662 Payments 2140 Mulenga .C.Ltd make all payments by cheques and all monies received are banked immediately. Before preparing bank reconciliation an investigation revealed the following: a) The balance brought forward from March 2016 in the cash book should be K750 000 and not K770 000 b) A cheque drawn for K128 000 for advertising had been incorrectly entered in the cash book as K125 000