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AP-8A LO 3 Shine Laundry's bank reconciliation is provided for the month of September 2018. However, due to some errors on the bank reconciliation, the

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AP-8A LO 3 Shine Laundry's bank reconciliation is provided for the month of September 2018. However, due to some errors on the bank reconciliation, the reconciled balance for the ledger and the bank are different from each other. Shine Laundry Bank Reconciliation September 30, 2018 Bank $3,820 Ledger $5,100 400 1,220 (1,000) (600) Opening Balance Add: Outstanding deposit-Sep 29 Outstanding deposit-Sep 30 Less: Outstanding Check #3Sep 8 Outstanding Check #4-Sep 10 EFT-Insurance-Sep 15 EFT-Monthly rent-Sep 18 NSF Check-Sep 19 Charges for NSF Check-Sep 19 Service chargesSep 30 Interest on bank account-Sep 30 (400) (600) (250) (5) (15) (10) Reconciled Balance $6,095 $1,565 407 sired a) Prepare a reconciled bank reconciliation. Assume the dollar amounts of the individual items on the bank reconciliation are correct. b) Prepare all journal entries required by Shine Laundry. Date Account Title and Explanation Debit Credit 408 Part of the work for the CH 10 Case Study CH 10 AP-8A on workbook pp 407-408 Parta - prepare a corrected bank reconciliation Part b - Prepare journal entries related to the bank reconciliation JOURNAL Page 1 Shine Laundry Bank Reconciliation September 30, 2018 Date Account Title and Explanation Debit Credit Cash balance per bank Cash balance per ledger Add: Add: Deduct: Deduct: Adjusted bank balance Adjusted ledger balance

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