What are the objectives of preparing a bank reconciliation statement?

ABC Company's bank statement for May, 2024 shows the following data :

Bank balance at 01-05-2024 Tk. 12,650
Bank balance at 31-05-2024 Tk. 14,280
and the Cash book balance at 31-05-2024 Tk. 13,319

Review of the data reveals the following :

(i) A non-sufficient cheque Tk. 175, was from a customer 'C' company.
(ii) Collection of Note receivable Tk. 505, the note collected by the bank was a Tk. 500, 3 month, 12% note. The bank charged a Tk. 10 collection fee. No interest has been accrued.
(iii) Outstanding cheques at May 31 total Tk. 2410.
(iv) Deposits in transit at May 31, total Tk. 1752.
(v) An ABC company cheque for Tk. 352, dated May 10, Cleared the bank on May 25. Which was a payment on account, for Tk. 325.

Instructions : Prepare a bank reconciliation statement at May 31, 2024.