The following is the Happy Company's bank account and the bank statement received from the bank for the month of Jan 2022. Bank 2022 $ Balance b/d 15,000 Water (#0101) 1,000 Cheque - J Poon 2,400 Printing (# 0102) 1,400 Cheque P Lee 640 Wages (#0103) 2,800 Cash Sales 720 T Fok (# 0104) 720 Cash Sales 1,200 Salary (#0105) 6,400 Cheque-S Leung 3,000 Postage (#0106) 180 Balance c/d 10,460 22,960 22,960 Balance b/d 10,460 Withdraw(S) Deposit(S) Balance (S) 1 Jan Balance b/d 15,000 9 Jan Deposits 2,400 17,400 12 Jan Deposits 640 18,0401 13 Jan Deposits 720 18,760 15 Jan # 0101 1,000 17,760 19 Jan Deposits 1,200 18,960 19 Jan 100 18,860 Bank charges Autopay-Insurance 21 Jan 2,000 16,860 22 Jan # 0102 1,400 15,460 23 Jan # 0103 2,800 12,660 30 Jan Direct debit 600 12,060 31 Jan Interest received 900 12,960 Required: (23 marks) (a) Update the bank account. (b) Prepare a bank reconciliation statement as at 31 Jan 2022, beginning with the updated cash book balance in part (a). (17 marks) (Total 40 marks) 1 Jan 7 Jan 10 Jan 12 Jan 18 Jan 30 Jan 1 2022 Feb 2022 8 Jan 9 Jan 15 Jan 25 Jan 29 Jan 30 Jan 31 Jan Bank statement