BANK STATEMENT FOR FEBRUARY 2020 WITHDRAWALS DEPOSITS BALANCE 1,600 800 3,600 6,200 DESCRIPTION Balance Forward Deposits Cheques total for day Deposits Cheques total for day Cheques total for day Deposits NSF cheque, M. E. Crown Bank collection of note receivable EFT rent expense Service charge Interest 2,200 DATE Feb01 Feb07 Feb08 Feb 15 Feb 16 Feb23 Feb24 Feb24 Feb26 Feb28 Feb29 Feb29 $ 7,990 9,590 8,790 12,390 6,190 3,990 6,190 4,790 6,790 6,130 6,110 6,115 2,200 1,400 2,000* 660 20 5 11,280 9,405 *Includes principal of $1,762 plus interest of $238. Required 1. Prepare the bank reconciliation of Atlantic Dental Associates at February 29, 2020. 2. Journalize the entries based on the bank reconciliation. The Cash account of Atlantic Dental Associates at February 29, 2020, follows: 12 Cash Feb. 1 Bal. 7,990 Feb. 3 6 1,600 15 3,600 19 23 2,200 25 4,800 27 29 Bal. 8,190 800 6,200 2,200 1,000 1,800 28 Atlantic Dental Associates receives the February 2020 bank statement data in the first week of March 2020 (negative amounts appear in parentheses)