You realised just a week before your business auditors are about to visit to audit, that your cash accountant who is on leave and his phone switched off has not prepared the cash book for the month of December 2015. The following are the transactions; December 1, a balance brought forward of Ghc 7,200 bank and cash 700 December 2, the following paid their account by cheque, a cash discount 10% were given to all and amounts given are pre-discount: Rose Ghc 400, Angela Ghc 500, Peter Ghc 600. - December 4, Paid rent by cheque of Ghc 420 December 6, The business received a loan from George, of Ghc 5,000 by cheque December 8, The following were paid by cheque and in each we received a cash discount of 5% and all amounts are pre-discount; Moses Ghc 700, Abigail Ghc 940, John Ghc1200. December 10, we paid car repair expenses of Ghc 100 December 12, Felix paid us his outstanding balance of Ghc 100 with a cheque of Ghc 90 deducting a cash discount of Ghc 10 December 13, we paid wages by cash of Ghc 550. December 18, the following paid their accounts by cheques and discount of 10% was deducted, the amounts given are pre-discount; Ike Ghc 550, Frank Ghc 720, Tony Ghc 560 - December 21 cash of Ghc 500 was withdrawn from bank for business use. December 24 cash drawings of Ghc 210, was made by the business owner. December 27, the business paid Joe his account balance of Ghc 150 by cash of Ghc 140, deducting a discount of Ghc 10. December 28, the business bought fixtures paying by cheque of Ghc 750 December 30, the business received a commission of Ghc 150. Required: a) Prepare a three-column cash book from the above (12 marks) b) After cash book was prepared, you realised the following occurred: (0) The bank had charged the business on its bank statement of Ghc 50 (ii) The cheque that we paid for the fixtures of Ghc 750 has not been presented to the bank. Prepare a bank reconciliation statement to establish the bank balance on the bank statement, using the bank balance on the cash book you prepared in (a) above