Eniola compared her bank statement for July 2020 with the bank columns of her cash book. She provided the following information. Overdrawn balance shown in the cash book at 31 July 2020 $3420 Direct debit payment dated 25 July 2020, had not yet been entered in the cash book $350 A cheque received from a customer on 12 July 2020 was dishonoured. This dishonoured cheque had not yet been recorded in the cash book $665 Bank charges on the bank statement had not yet been entered in the cash book $45 Unpresented cheques at 31 July 2020 $1290 Uncredited deposits at 31 July 2020 $410 Eniola is concerned that her bank balance has decreased significantly during the last year. She is considering how to improve her liquidity. Eniola's financial year end is 31 July 2020. She provided the following information about the rent and rates of her business. On 1 August 2019, she owed two months' rent totalling $900. On the same date, rates of $260 were prepaid up to 30 September 2019. During the year ended 31 July 2020 the following payments were made by credit transfer. 2019 August 1 Seven months' rent $3150 October 1 Twelve months' rates $1860 2020 March 1 Six months' rent $2700