Tutorial 3 This worksheet is for your practice purpose. Q2 The cash account of Beta Limited ("Beta") indicated a balance of $27,400 as at 31 December 20x0. However, the bank statement for 31 December 20x0 from Kowloon Bank showed a balance of $33,100. After comparing the Cash account with the bank statement, the following information is identified: 1) The following cheques, delivered to suppliers at 29 and 31 December 20x0, were presented by the payees to the bank for payment on 5 January 20xl : 2) Bank Charge of $1,500 was deducted by the bank on 30 December 20x0, for the orerseas remittance. 3) A customer, Malone Limited, deposited a cheque of $13,000 directly to the bank account of Beta on 30 December 20x0 for settlement of the sales amount. Malone notify Beta the deposit on 2 January 20x1. 4) Cheque received from Birch Limited at 30 December 20x0 amounted $17,300 was deposited into bank account of Beta. The cheque was dishonoured at 31 December 200 due to non-sufficient fund of Birch. Beta received the notification of dishonour cheque at 2 January 20x1. Required: (a) Prepare the bank reconciliation statement for Beta Limited as at 31 (20 marks) December 200 (b) Prepare the relevant journal entries for the books of Beta for the year (10 marks) ended 31 December 200 according to the information from (1) to (4)