the august 31 bank statement of neighourhood services association (NSA) has just arrived from scotiabank. to prepare the NSA bank reconcilitation, you gather the follwoing data:

a. NSA cash account shows a balance of $2,166.70 on august 31.

b. the august 31 bank balance is $4023.05.

c. the bank statement shows that NSA earned $26.34 of interest on itsbano balance during august. this amount was added to NSA bank balance.

d. NSA pays utilities ($220) and insurance ($120) by EFT.

e. the follwing NSA cheques did not clear nu the bank by august 31:

cheeque no. amount

237 $45.80

288 146.00

291 598.65

293 11.27

294 609.55

295 8.45

296 106.79

f. the bank statement includes a donation of $790, electronically deposited to the bank for NSA.

g. the bank statemnt lists of $9.80 bank service charge.

h. on august 31, the NSA tresurer deposited $15.55, which will appear on the september bank statement.

i. the bank statement includes a $395 deposit that NSA did not make. The bank added $395 to NSA's account for another company's deposit.

j. the bank statemnt includes two charges for returned cheques from donors. one is a $390 cheque recieved from a donor with the imprint "unauthorized signature". the other is a nonsufficent funds cheque in the amount of $126.15 received fron a client.

requirements:

1. prepare the bank reconciliation for NSA.

2. journalise the august 31 transactions needed to update NSA casg account. include an explanation for each entry.