Question: First: identify the problem. Second: the causes and solutions of the situation. Third: Express your opinion. I need an answer with explanation and steps please

First: identify the problem. Second: the causes and solutions of the situation. Third: Express your opinion.

I need an answer with explanation and steps please

First: identify the problem. Second: the causes and solutions of the situation.

Awal Diary Company is unable to reconcile the bank statement at Sept, 2021. Awal's reconciliation is as follows. Awal Dairy Company w olen cash per bank statement Add: NSF checks Interest earned Awal Dairy Company Bank Reconciliation Statement September 30, 2021 6,000 cash per the cash account Add: 1,100 Outstanding checks 400 Collection of notes receivable 1500 6,700 1,200 600 1,800 (1,500) Less Bank services charge Loan repayments Adjusted Bank Statement Balance Less (100) Deposit in transit (200) 7,200 Adjusted Book Balance 7000 Required: 1- Find the mistake of Bank Reconciliation. 2. Prepare the Bank Bank reconciliation for the period ended 31 Sept 2021

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