Question: Hello, Can you please help me answer the given problem FABM2M5Q4 Entity A is preparing its bank reconciliation for the month ended September 30, 2020.

Hello, Can you please help me answer the given problem

FABM2M5Q4 Entity A is preparing its bank reconciliation for the month ended September 30, 2020. The following information were determined: Cash balance per books, Sept. 30- 620,000 Cash balance per bank statement, Sept. 30 - 870,000 Credit memo - 430,000 Debit memo - 20,000 Deposits in transit - 460,000 Outstanding checks - 120,000 The bank erroneously credited the account of Entity A for 180,000. Requirement: Prepare the bank reconciliation

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