a. The August 31 bank balance is $6,200. b. The bank statement includes two charges for NSF checks from customers. One is for $430 (#1), and the other is for $170 (#2). c. The following Whitbold checks are outstanding at August 31: Check No. Amount 237 $ 80 288 120 291 520 294 600 295 30 296 60 d. Whitbold collects from a few customers by EFT. The August bank statement lists a $1,600 EFT deposit for a collection on account. e. The bank statement includes two special deposits that Whitbold hasn't recorded yet: $800 for dividend revenue, and $100 for the interest revenue Whitbold 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 Whitbold treasurer deposited $260, but this deposit does not appear on the bank statement. h. The bank statement includes a $400 deduction for a check drawn by Multi-State Freight Company. Whitbold notified the bank of this bank error. i. Whitbold's Cash account shows a balance of $3,600 on August 31. The August 31 bank statement of Whitbold Healthcare has just arrived from Farmington Bank. To prepare the bank reconciliation, you gather the following data: (Click the icon to view the data.) Requirements 1. Prepare the bank reconciliation for Whitbold's Healthcare at August 31, 2016. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. Requirement 1. Prepare the bank reconciliation for Whitbold Healthcare at August 31, 2016. Bank: ADD: LESS: Whitbold Healthcare Bank Reconciliation August 31, 2016 The August 31 bank statement of Whitbold Healthcare has just arrived from Farmington Bank. To prepare the bank reconciliation, you gather the following data: (Click the icon to view the data.) Requirements Prepare the bank reconciliation for Whitbold's Healthcare at August 31, 2016. 1. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. Books: ADD: LESS: The August 31 bank statement of Whitbold Healthcare has just arrived from Farmington Bank. To prepare the bank reconciliation, you gather the following data: (Click the icon to view the data.) Requirements 1. Prepare the bank reconciliation for Whitbold's Healthcare at August 31, 2016. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. Requirement 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by preparing the journal entry to record the EFT collection. Date Aug. 31 Accounts and Explanation Next, journalize the dividend revenue. Date Aug. 31 Debit Credit Accounts and Explanation Debit Credit The August 31 bank statement of Whitbold Healthcare has just arrived from Farmington Bank. To prepare the bank reconciliation, you gather the following data: (Click the icon to view the data.) Requirements 1. Prepare the bank reconciliation for Whitbold's Healthcare at August 31, 2016. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. Journalize the interest revenue. Date Aug. 31 Accounts and Explanation Debit Credit Journalize the total NSF checks. (Record one journal entry for both NSF checks.) Date Aug. 31 Accounts and Explanation Debit Credit The August 31 bank statement of Whitbold Healthcare has just arrived from Farmington Bank. To prepare the bank reconciliation, you gather the following data: (Click the icon to view the data.) Requirements 1. Prepare the bank reconciliation for Whitbold's Healthcare at August 31, 2016. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. Journalize the total NSF checks. (Record one journal entry for both NSF checks.) Date Aug. 31 Accounts and Explanation Journalize the bank charges. Date Aug. 31 Debit Credit Accounts and Explanation Debit Credit