Question: QUESTION 1 a) Explain the reasons for the difference between the cash book and bank statement. b) Explain why bank reconciliations are necessary? c) The

QUESTION 1 a) Explain the reasons for the difference between the

QUESTION 1 a) Explain the reasons for the difference between the cash book and bank statement. b) Explain why bank reconciliations are necessary? c) The followings are the cash book and the bank statement of Alison Baker for the month of November 2017: REQUIRED: i) Illustrate the cash book up to date. ii) Illustrate a bank reconciliation statement as at 31 November 2021

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