6 of 6 (2 complete) HomeWork: Chapter 1 TUNTIC WOM Score: 17.65 of 50 pts % P7-28A (book/static) The August 31 bank statement of Well Healthcare has just arrived from United Bank. To prepare the bank reconciliation, you gather the following data: (Click the icon to view the data.) Read the requirements Requirement 1. Prepare the bank reconciliation for Well Healthcare at August 31, 2018 Well Healthcare Bank Reconciliation August 31, 2018 $ 4,540 Bank: Balance, August 31, 2018 ADD: Deposit in transit Correction of bank error 1,310 5,850 LESS: Outstanding checks 237 288 291 294 295 1.540 296 4.310 Adjusted bank balance, August 31, 2018 Books: Choose from any list or enter any number in the input fields and then click Check Answer. 5 remaining Clear All Homework: Chapter 7 Homework Score: 17.65 of 50 pts 6 of 6 (2 complete) > WP7-28A (book/static) The August 31 bank statement of Well Healthcare has just arrived from United Bank. To prepare the bank reconciliation, you gather the following data: LEE (Click the icon to view the data) Read the requirements 5,850 LESS: Outstanding checks 288 291 294 295 296 Adjusted bank balance, August 31, 2018 Books: 1,540 $ 4,310 ADD: Choose from any list or enter any number in the input fields and then click Check Answer. 5 parts Data Table 8 a. The August 31 bank balance is $4,540. b. The bank statement includes two charges for NSF checks from customers. One is for $380 (#1), and the other is for $180 (#2). c. The following Well Healthcare checks are outstanding at August 31: Check No. Amount 237 $ 80 190 288 291 570 600 30 294 295 296 d. Well collects from a few customers by EFT. The August bank statement lists a $1,200 EFT deposit for a collection on account. e. The bank statement includes two special deposits that Well hasn't recorded yet: $800 for dividend revenue, and $120 for the interest revenue Well earned on its bank balance during August. f. The bank statement lists a $50 subtraction for the bank service charge. g. On August 31, the Well treasurer deposited $260, but this deposit does not appear on the bank statement. h. The bank statement includes a $1,050 deduction for a check drawn by Multi-State Freight Company. Well notified the bank of this bank error. i. Well's Cash account shows a balance of $2,800 on August 31. Print Done nd then 6 of 6 (2 complete) nk. To prepare the bank reconciliation, you gather the following data: 5,850 Requirements 1. Prepare the bank reconciliation for Well Healthcare at August 31, 2018. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. Print Print Done Done