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Prepare the bank reconciliation for White's Healthcare at August 31. 2016 Journalize any required entries from the bank reconciliation. Include an explanation for each entry
Prepare the bank reconciliation for White's Healthcare at August 31. 2016 Journalize any required entries from the bank reconciliation. Include an explanation for each entry Prepare the bank reconciliation for White Healthcare at August 31. 2016. The August 31 bank balance is $4.700. The bank statement includes two charges for NSF checks from customers One is for $400 (#1). and the other is for $170 (#2). The following White checks are outstanding at August 31: White collects from a few customers by EFT The August bank statement lists a $1, 500 EFT deposit for a collection on account The bank statement includes two special deposits that White hasn't recorded yet: $600 for dividend revenue, and $40 for the interest revenue White earned on its bank balance during August The bank statement lists a $120 subtraction for the bank service charge. On August 31. the White treasurer deposited $270. but this deposit does not appear on the bank statement. The bank statement includes a $600 deduction for a check drawn by Multi-State Freight Company White notified the bank of this bank error White's Cash account shows a balance of $2, 600 on August 31
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