K The August 31 bank statement of Wood Healthcare has just arrived from Harrington 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 Wood'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 Wood Healthcare at August 31, 2016. Wood Healthcare Bank Reconciliation August 31, 2016 Bank: ADD: LESS wwwww Data table a. The August 31 bank balance is $5,820. b. The bank statement includes two charges for NSF checks from customers. One is for $410 (#1), and the other is for $150 (#2). c. The following Wood checks are outstanding at August 31: Check No. Amount 237 $ 130 288 170 291 600 294 600 295 20 296 130 d. Wood collects from a few customers by EFT. The August bank statement lists a $2,000 EFT deposit for a collection on account. e. The bank statement includes two special deposits that Wood hasn't recorded yet: $950 for dividend revenue, and $90 for the interest revenue Wood earned on its bank balance during August. f. The bank statement lists a $120 subtraction for the bank service charge. g. On August 31, the Wood treasurer deposited $340, 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. Wood notified the bank of this bank error. i. Wood's Cash account shows a balance of $3,200 on August 31. more help Print Done - X