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The August 31 bank statement of Western Healthcare has just arrived from Harrington Bank. To prepare the bank reconciliation, you gather the following data: Click
The August 31 bank statement of Western Healthcare has just arrived from Harrington Bank. To prepare the bank reconciliation, you gather the following data: Click the icon to view the data.) Read the requirements Requirement 1. Prepare the bank reconciliation for Western Healthcare at August 31, 2018. Western Healthcare Bank Reconciliation August 31, 2018 Bank: ADD: LESS Choose from any list or enter any number in the input fields and then continue to the next question. X Data Table bn, you gathe a. The August 31 bank balance is $5,260. b. The bank statement includes two charges for NSF checks from customers. One is for $420 (#1), and the other is for $90 (#2). c. The following Western Healthcare checks are outstanding at August 31: Check No. Amount Check No. 237 $ 40 Check No. 288 110 Check No. 291 590 Check No. 294 610 Check No. 295 20 Check No. 296 130 d. Western collects from a few customers by EFT. The August bank statement lists a $1,700 EFT deposit for a collection on account. e. The bank statement includes two special deposits that Western hasn't recorded yet: $650 for dividend revenue, and $40 for the interest revenue Western earned on its bank balance during August. f. The bank statement lists a $80 subtraction for the bank service charge. g. On August 31, the Western treasurer deposited $340, but this deposit does not appear on the bank statement. er Print Done bank reconciliation for Western Healthcare at August 31, 2018. i Requirements 1. Prepare the bank reconciliation for Western Healthcare at August 31, 2018. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. Print Done
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