1. Prepare the bank reconciliation for Watson Healthcare at August 31, 2024. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. a. The August 31 bank balance is $4,300. b. The bank statement includes two charges for NSF checks from customers. One is for $370 (#1), and the other is for $190 (#2). c. The following Watson Healthcare checks are outstanding at August 31: Check No. Amount Check No. 237 $ 140 Check No. 288 150 Check No. 291 520 Check No. 294 670 Check No. 295 30 Check No. 296 90 d. Watson collects from a few customers by EFT. The August bank statement lists a $1,300 EFT deposit for a collection on account. e. The bank statement includes two special deposits that Watson hasn't recorded yet: $850 for dividend revenue, and $20 for the interest revenue Watson earned on its bank balance during August. f. The bank statement lists a $90 subtraction for the bank service charge. g. On August 31, the Watson treasurer deposited $320, but this deposit does not appear on the bank statement. h. The bank statement includes a $1,200 deduction for a check drawn by Multi-State Freight Company. Watson notified the bank of this bank error. i. Watson's Cash account shows a balance of $2,700 on August 31. The August 31 bank statement of Watson Healthcare has just arrived from Union Bank. To prepare the bank reconciliation, you gather the following data: (Click the loon to view the data) Read the requirements. Requirement 1. Prepare the bank reconciliation for Watson Healthcare at August 31, 20124. Watson Healthcare Bank Reconciliation August 31, 2024 Bank ADD LESS