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Requirements 1 and 2 Donald's Cash account shows a balance of $17,750 at May 31. On May 31, Donald Insurance received the following bi statement:

Requirements 1 and 2
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Donald's Cash account shows a balance of $17,750 at May 31. On May 31, Donald Insurance received the following bi statement: Explanations: BC-bank collection; EFT-electronic funds transfer; NSF-nonsufficient funds checks; SC-service charge Requirements 1. Prepare the bank reconciliation of Donald Insurance at May 31, 2024. 2. Journalize any required entries from the bank reconciliation

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