Task 1: Bank Reconciliation To complete this task you need to refer to the Finance Policy & Procedure Manual of Plan2go Trading as Connelly Pty Ltd, CI_TransReportLedgers_AE_SR_PolicyandProcedures.docx. - Section 2 Bank Account Policy. Required Using a range of industry-accepted accounting conventions, processes and procedures (a) Read the information provided in the bank statement (Issued by TAFE Bank Limited), update the cash payments, cash receipts and the bank ledger account. Ensure validity of cheque and electronic payment amounts, assuming the bank statement contains correct figures. Use the templates provided for your answer. (b) Prepare a bank reconciliation statement for Connelly Pty Ltd as at 30 April 20X1. Use the template provided for your answer Connelly Pty Ltd Bank Reconciliation Statement as at 31 March 20X1 to Credit balance as per Bank Statement 9,000.00 Add Outstanding Deposit 1.100.00 10,100.00 Less unpresented cheques: 705 1,261.00 711 180.70 730 850.00 2.291.70 Debit balance as per Bank ledger 7.808.30 Cash Receipts & Payments Books for Connelly Pty Ltd for April 20X1. 2018 Cash Recelpts $ 20X1 Chg.# Cash Payments $ Apr 01 Receipt 1,741.12 Apr 04 750 Cash Payment 2,410.14 10 Receipt 1,811.62 10 751 Cash Payment 945.60 20 Receipt 1,499.00 15 752 Cash Payment 1,403.70 25 Receipt 81.18 20 753 Cash Payment 7,708.40 30 Receipt 23,000.00 28 754 Cash Payment 670.82 30 755 Cash Payment 393.50 ument title: CI_TransReportLedgers_AE_Sk_4of4 Page 6 of 38 ource ID: TBS_18_007_Cl_TransReportLedgers_AE_Sk_4of4 STUDENT NAME