BANK RECONCILIATION STATEMENT The information has been extracted from the Accounting Records of Sarmad & Co. Ltd. for the month of March 2017 The Cash Book has a debit balance of 12,500 which is not reconciled with the balance as per bank statement. Upon investigation, following reconciliation items were discovered: The three (3) cheques issued to the following vendors were not yet presented in the bank Date of issue 22-Mar-17 26-Mar-17 28-Mar- 17 Amount Cheque No.1 897 90312.000 9 121 1,300 The bank has not yet cleared the deposits from the following clients: Amount Date of deposit Client's Name 28-Mar-17) Q&S Ltd. 1 29-Mar-171 Vizi Ltd. 31-Mar-17 Frants & Co. Ltd 1 .500 1.800 1.700 The cheque from Alestco Ltd. for 3,000 got dishonored. The bank has wrongly debited the account by 1,000 Interest on investment directly credited by bank is 700 Bank charges for the month of March 2017 are 50 Required: Prepare Bank Reconciliation Statement as on 31 March 2017