Prepare a bank reconciliation statement as at 31 January 2016,from the information given below: The cash book of Belo corporationshowed a balance at the bank of $573600 in hand on 31 January 2016.at the same date the bank statement balance of Belo’s account was$44600 overdraw. the different was accounted for as following: 1-cheques for $1,555,000 sent to creditors on 30 January were notpaid by the bank until 8 February 2-cheques amounting to $2,520,000paid into the bank on 31 January were not credited by the bankuntil 1 February. 3-A standing order for a charitable subscriptionof $60,000 had been paid by the bank on 21 January but no enter hadbeen made in the cash book. 4-A cheque paid by Belo for rent on 15January for $345,000 had been entered in his cash book as 354,000.5-Bank charges for the month of January of $700 were not yetentered in books . 6- A customer’s cheque of $2,900 was dishonoredand returned by the bank
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