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This is the question 7:52 Done Bank reconciliation - exercise... Bank reconciliation - Exercise 1 The Cash account of Cambridge Dental Associates at February 28,

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7:52 Done Bank reconciliation - exercise... Bank reconciliation - Exercise 1 The Cash account of Cambridge Dental Associates at February 28, 2017, follows: Cash Feb. 1 Bal. 7,990 Feb. 3 800 6 1,600 12 6,200 15 3,600 19 2,200 23 2,200 25 1,000 28 4,800 27 1,800 28 Bal. 8,190 Cambridge Dental Associates receives the February 2017 bank statement data in the first week of March 2017 (negative amounts appear in parentheses): Bank Statement for February 2017 Description Withdrawals Deposits Date Balance Balance Forward Feb01 $ 7,990 Deposits 1,600 Feb07 9,590 Cheques total for day 800 Feb08 8,790 Deposits 3,600 Feb 15 12,390 Cheques total for day 6,200 Feb 16 6,190 Cheques total for day 2,200 Feb 23 3,990 Deposits 2,200 Feb 24 6,190 NSF cheque, M. E. Crown 1,400 Feb 24 4,790 Bank collection of note receivable 2,000* Feb 26 6,790 EFT rent expense 660 Feb 28 6,130 Service charge 20 Feb 28 6,110 Interest 5 Feb 28 6,115 11,280 9,405 "Includes principal of $1,762 plus interest of $238. Required 1. Prepare the bank reconciliation of Cambridge Dental Associates at February 28, 2017. 2. Journalize the entries based on the bank reconciliation

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