Navajo Products at September 30, 2017. P4-438 The January 31 bank statement of Bed & Bath Accessories has just arrived from Royal LEARN Bank of Canada. To prepare the Bed & Bath bank reconciliation, you gather the following data: Prepare a. The January 31 bank balance is $8,400.82. the rela b. Bed & Bath's Cash account shows a balance of $7,391.55 on January 31. Buk balance C. The following Bed & Bath cheques are outstanding at January 31: Cheque No. 616 802 806 809 810 811 Amount S403.00 74.02 36.60 161.38 229.05 48.91 d. The bank statement includes two special deposits: $899.14, which is the amount of divi- dend revenue the bank collected from IBM on behalf of Bed & Bath; and $16.86, the inter- est revenue Bed & Bath earned on its bank balance during January e. The bank statement lists a $6.25 bank service charge. f. On January 31 the Bed & Bath treasurer deposited $381.14, which will appear on the February bank statement. g. The bank statement includes a $410.00 deduction for a cheque drawn by Bonjovi Music Company h. The bank statement includes two charges for returned cheques from customers. One is a nonsufficient funds cheque in the amount of $67.50 received from a customer. The other is a $195.03 cheque received from another customer. It was returned by the customer's bank with the imprint "Unauthorized Signature." i. A few customers pay monthly bills by EFT. The January bank statement lists an EFT deposit for sales revenue of $200.23. Requirements 1. Prepare the bank reconciliation for Bed & Bath Accessories at January 31. 2. Journalize the transactions needed to update the Cash account. Include an explanation for each entry