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1. Prepare the bank reconciliation for Western Healthcare at August 31, 2024. 2. Journalize any required entries from the bank reconciliation. Include an explanation for

image text in transcribedimage text in transcribedimage text in transcribed 1. Prepare the bank reconciliation for Western 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 $5,610. b. The bank statement includes two charges for NSF checks from customers. One is for $400 (\#1), and the other is for $110 (\#2). c. The following Western Healthcare checks are outstanding at August 31: d. Western collects from a few customers by EFT. The August bank statement lists a $1,700EFT deposit for a collection on account. e. The bank statement includes two special deposits that Western hasn't recorded yet: $650 for dividend revenue, and $110 for the interest revenue Western earned on its bank balance during August. f. The bank statement lists a $80 subtraction for the bank service charge. g. On August 31, the Western treasurer deposited $350, but this deposit does not appear on the bank statement. h. The bank statement includes a $900 deduction for a check drawn by Multi-State Freight Company. Western notified the bank of this bank error. i. Western's Cash account shows a balance of $3,500 on August 31 . Requirement 1. Prepare the bank reconciliation for Western Healthcare at August 31, 2024. Western Healthcare Bank Reconciliation August 31, 2024 Bank: ADD: LESS

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