Internal Control and Cash Requirements Additional data for the bank reconciliation follow P8-320 Preparing a bank reconciliation and journal entries The EFT credit was a receipt of rent. The EFT debit was an insurance payment. b. The NSF check was received from a customer. The $1.700 bank collection was for a note receivable. d. The correct amount of check 1419, for rent expense, is $1.960. Dickson' controller mistakenly recorded the check for $1.690. Prepare the bank reconciliation of Dickson Insurance at May 31, 2015. 2. Journalire any required entries from the bank reconciliation. The October 31 bank statement of White's Healthcare has just arrived from State Bunk. To prepare the bank reconciliation, you gather the following data: The October 31 bank balance is $5.170. The bank statement includes two charges for NSF checks from customers. One is for $420 (+1), and the other is for $120 (2), The following White checks are outstanding at October 31: Learning Objective 5 1. Book Deductions 5610 Check No. Amount 237 288 291 294 295 296 5.90 150 580 590 10 150 d. White's collects from a few customers by EFT. The October bank statement lists a $1,400 EFT deposit for a collection on account c. The bank statement includes two special deposits that White's hasn't recorded yet: $1,050 for dividend revenue and $50 for the interest revenue White's earned on its bank balance during October . The bank statement lists a $70 subtraction for the bank service charge. & On October 31, the White's treasurer deposited $290, but this deposit does not appear on the bank statement h. The bank statement includes a $700 deduction for a check drawn by Multi-State Freight Company. White's notified the bank of this bank error. 1. White's Cash account shows a balance of $2.700 on October 31. Requirements 1. Prepare the bank reconciliation for White's Healthcare at October 31, 2015. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry