The August 31 bank statement of Walace Healthcare has just arrived from Perry Bank To prepare the bank reconciliation, you are the following data Choke on to view the data Read the regulomem Data Table Requirement 1. Prepare the bank reconciliation for Wallace Healthcare a August 31, 2010 Wallace Healthcare Bank Reconciliation August 31, 2018 Bank: ADD LESS a. The August 31 bank balance is $5930 b. The bark soment includes two charges for NSF checks from customers One is for $300 (NT) and the other is for $1200) The following Walace Healthcare checks are tanding at August 31 Check No Amount 237 S 2 180 201 540 620 296 50 296 90 d. Walace colects from a few customers by EFT The Augustbark statement ists a $1,500 EFT deposit for a collection on account e. The bank statement includes two special deposits that Walace hasn't recorded yet $900 for dividend revenue and 500 for the interest revenue Wale Barrad on its bank balance during August The bank statement lists a 570 subtraction for the bank service charge On August 31, the Wallace treasurer deposited $330, but is deposit does not appear on the bank statement h. The bank stalement includes a $600 deduction for a check crab Multi-State Freight Company. Walace noted the bank of this banner Wallace's Cashscount shows a balance of 1,000 on August 31 Books ADO Print Done The August 31 bank statement of Wallace Healthcare has just arrived from Perry Bank. To prepare the bank reconciliation, you gather the following data: Click the icon to view the data Read the tearments Data Table Books a. The August 31 bank balance is $5,830 b. The bank statement indudes two charges for NSF checks from customers One is for $360 (1), and the other for $12021 c. The following Wallace Healthcare checks are outstanding at August 31 Check No Amount 237 $ LESS 140 190 288 5.10 291 294 296 620 SO Requirement 2. Journal any required entries from the bank reconciliation include an explanation for each entry Ben by preparing the journal entry to record the EFT colection Accounts and Explanation Debit Credit 296 90 d. Walace collects from a few customers by EFT. The August bank statement ists a $1,500 EFT doposit for a collection on account e. The bank statement includes two special deposits that Wallace and recorded yet: $900 for dividend revenue and 590 for the interest revenu Walsce samed on its bank balance during August f. The bank salmes a $70 subtraction for the bank service change 9. On August 31, the Wallace treasurer deposited $330, but the depot does not appear on the bank walement h. The bank statement includes a $900 diaduction for a check drawn by Multi-State Frage Company Walace noted the bank of this banketter Wallace's Cash account shows a balance of $3.600 on August 31 Debil Act and Explanation Print Credit Same the input felds and then continue to the next question De Table Requirement 2. Joumale any required entries from the bank reconciation Include an explanation for each entry Record debts first, then credits. Select the explanation on the lastne of the jumal entry table Begin by preparing the journal entry to record the EFT collection Accounts and Explanation Debit Credit Aug a. The August 31 bank balance is $5.930 b. The bank statement includes two charge for NSF checks from customers One is for $3601and the other is for $12002) c. The following Wallace Healthcare checks are outstanding at August 31 Check No. Amount 217 $ 140 288 180 Nextmate the dividend revenue Account and Explanation Debit Credit 540 820 296 50 200 d. Walace collects from a low customers by EFT. The bank statement lista 51.500 EFT deposit for a collection on account The bank statement includes two Social deposits that was corded yet 5000 for dividend round 500 for the introvert Wwlace eamed on its bank balance during August The bank statement ists a 570 slacion for the bank servo chary On August 31, the Wace treasurer deposled 300, but the deados appear on the bank statement h. The bank statement includes a 3900 deduction for a check by Metal Front Company Wallace noted the bark of the Bank Wac's Cash account shows a balance of 53000 Aug 31 Debit Crede Account and Explanation Joumain the interest revenue Date Accounts and Explanation Debit Credit Data Table AUD 31 Journalize the total NSF checks. Record one uma entry for both NSF checks) Date Accounts and Explanation Debit Credit Aug 31 a. The August 31 bank balance is 55,930 b. The bank statement indudes two charges for NSF checks from customers One is for $300 (01) and the other is for $120 121 C. The following Wallace Healthcare checks are outstanding at August 31 Check No Amount 237 5 140 288 180 291 540 2941 820 296 SO 296 50 d. Wallace calects from a few customers by EFT The Augustbank statement Ists a $1,500 EFT deposit for a collection on account e. The bank statement includes two special deposits at Wallace hasn't rocarded yet $900 for dividend revenue and S90 for the interest revenue Walaceamed on its bank balance during August 1. The bank statement lists a $70 subtrachon for the bank recharge On August 31, The Wallace treasurer deposited $330, but deposit does not appear on the bank statement h. The bank statement includes a $900 deduction for a chock drawn by Muls-State Freight Compary Wallace notified the bank of the bank i. Walace's Cash account shows a balance of 53.600 on August 31 Joumaine the bank charges Accounts and explanation Debit Credit Alia