The August 31 bank statement of Wood Healthcare has just arrived from Federal Bank. To prepare the bank reconciliation, you gather the following data: E (Click the icon to view the data.) Read the requirements Requirement 1. Prepare the bank reconciliation for Wood Healthcare at August 31, 2018. Data Table - X Wood Healthcare Bank Reconciliation August 31, 2018 Bank: ADD: a. The August 31 bank balance is $6,080. b. The bank statement includes two charges for NSF checks from customers. One is for $430 (#1), and the other is for $120 (#2). c. The following Wood Healthcare checks are outstanding at August 31 Check No. Amount 237 $ 100 288 140 291 590 294 610 LESS: 295 40 296 100 d. Wood collects from a few customers by EFT. The August bank statement lists a $2,100 EFT deposit for a collection on account. e. The bank statement includes two special deposits that Wood hasn't recorded yet: $1050 for dividend revenue, and $30 for the interest revenue Wood earned on its bank balance during August. f. The ( statement lists a $70 subtraction for the bank service charge. g. On August 31, the Wood treasurer deposited $360, but this deposit does not appear on the bank statement. h. The bank statement includes a $1,200 deduction for a check drawn by Multi-State Freight Company. Wood notified the bank of this bank error. i. Wood's Cash account shows a balance of $3,500 on August 31. Requirements - X 1. Prepare the bank reconciliation for Wood Healthcare at August 31, 2018. 2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry. Print Done Print Done