Question 4 [23] The information presented was extracted from the books of Gemsbok Traders. Their financial year ends on 30 June 2021. Information A. Bank Reconciliation Statement on 31 May 2021 Credit balance as per bank statement R13 400 Outstanding deposit (25 May 2021) R16 600 Cheques not presented for payment: No. 284 R5 400 No. 297 R1 000 Debit balance as per bank account R23 600 B. Provisional totals from the bank columns of cash journals on 30 June 2021: Cash Receipts Journal R26 720 Cash Payments Journal R27 900 C. On comparing the bank reconciliation statement for May 2021 with the bank statement for June 2021 it was noted that: The outstanding deposit of R16 600 appeared on the bank statement on 5 June 2021. Cheque number 284 has been presented for payment. D. On comparing the bank statement for June 2021 with the cash journals for June 2021 the following differences were noted: A deposit of R14 700 made on 30 June 2021 did not appear on the bank statement. The following cheques had not been presented for payment: o No. 328 R2 000 o No. 330 R3 200 E. A card payment of R1 500 appeared on the bank statement but not in the CPJ. After investigation it was found that it was a payment by the owner, S Buck, for fuel for the business's vehicle. F. An amount of R900 had been debited by Blesbok Bank for a debit order in favour of Springbok Calls in payment of the owner's personal telephone account G. The accountant had made the following errors in the cash journals: Cheque no. 395 for insurance to MyDeer Insurance had been overstated by R600. A deposit received from the owner as additional capital was recorded incorrectly as R15 000 instead of R25 000 H. The following items appeared on the bank statement from Blesbok Bank but not in the cash journals: Bank charges, R865. The monthly debit order for advertising to On-Show Wildlife, R3 800. Rent was directly deposited in the bank account by the tenant, A Crock, R8 600. 1. Favourable balance as per bank statement from Blesbok Bank on 30 June 2021, R26 055. Required: 4.1 Prepare the bank account in the General Ledger Prepare the bank reconciliation on 30 June 2021. (16) 4.2