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prepare numbers 1 and 2 -36B (6) Preparing a bank reconciliation and journal entries [20 min] The October 31 bank statement of White's Healthcare has

prepare numbers 1 and 2
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-36B (6) Preparing a bank reconciliation and journal entries [20 min] The October 31 bank statement of White's Healthcare has just arrived from State Bank. To prepare the bank reconciliation, you gather the following data: a. The October 31 bank balance is $5,170. b. The bank statement includes two charges for NSF checks from customers. One is for $420($1), and the other is for $120(#2). c. The followit whit ehecks are outstanding at October 31 : d. White 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 hasn't recorded yet: $1,050, for dividend revenue, and $50, the interest revenue White earned on its bank balance during October. f. The bank statement lists a 570 subtraction for the bank service charge. g. On October 31, the White treasurer deposited $290, but this deposit does not appeat on the bank statement. h. The bank statement includes a 5700 deduction for a check drawn by Multi-State Freight Company. White notified the bank of this bank erroc. i. 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, 2012. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry

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