Markson$$s & Co$.$ has a balance as per bank of $$1,000$ as on $31$st$$March $2023.$ It has a balance as per Cash Book as on $31$st$$March $20230$ of $$1050.$ Further details are as follows:

$1.$A cheque of $$300$ was deposited, but not collected by the bank.

$2.$Bank charges of $$50$ were recorded in the bank, but not in Cash Book.

$3.$Cheques worth $$200$ were issued, but not presented for payment.

$4.$Bank interest of $$100$ was recorded in the bank, but not in Cash Book

Required:

$(1)$Perform bank reconciliations from given data. $($P$4)$

$(2)$Appraise the bank reconciliation process identifying errors and omissions from a bank statement and cashbook. $($M$3)$Produce accurate and bank reconcilations to meet its objectives.$($D$3)$