Prepare the bank reconciliation for Wilderness Associates on October 31, 2024.

journalize the entries based on the bank reconciliation

Lori Anders of Wilderness Associates is getting ready to prepare the October bank reconciliation. The cash balance on the books of Wilderness Associates on October 31 is $3,251. Lori reviews the bank statement, and notes the cash balance at October 31 of $2,150. The bank statement also reveals that the bank collected a note receivable on behalf of Wilderness Associates - the principal was $2,050 and the interest was \$14. One customer's check for $45 was returned by the bank for insufficient funds. Two additional items on the bank statement were the monthly EFT for the utilities, $365, and the bank service fee of $40. Lori notes that the cash deposit made on October 31 of $3,850 does not appear on the statement, and that three checks totaling $1,135 had not cleared the bank account when the bank statement was prepared. Use the blue shaded areas on the ENTER-ANSWERS tab for inputs. Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab, you will be marked wrong. Prepare the bank reconciliation for Wilderness Associates at October 31, 2024. Format appropriate cells with dollar signs, underlines, and double underlines. Use Excel formulas to calculate subtotals and totals. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab, you will be marked wrong. Journalize the entries based on the bank reconciliation. For dollar amounts, use cell references on bank reconciliation. Enter all amounts as positive values. Do not use a minus sign or parentheses for any values to be subtracted. Enter debits first, then credits. (Always use cell references and formulas where appropriate to recelve full credit. If you copy/paste from the Instructions tab. you will be marked wrong.) 2. For cell references, begin the formula with an equals sign (), dick on the balance in the ENIERANSWEBS1 tab, and press the enter key. 3. When entering labels of accounts, dick the arrow on the right side of the cell to select the appropriate label or account