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Instruction: Prepare a Bank Reconciliation Statement F. G. Corporation prepared its second quarter (June 30, 2019) bank reconciliation. The following information was determined: a. The

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Instruction: Prepare a Bank Reconciliation Statement F. G. Corporation prepared its second quarter (June 30, 2019) bank reconciliation. The following information was determined: a. The cash balance per books is P840,000, while the cash balance per bank statement is P660,000. b. Credit memo - P60,0000 c. Debit memo - P45,000 d. Deposits in transit - P80,000 e. Outstanding checks - P75,000 f. The disbursements per books are overstated by P135,000 g. The bank debits are understated by P25,000

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