Question: = Homework: Chapter 7 Homework Question 2, PF7-29A (book/static) Part 1 of 7 The August 31 bank statement of Well Healthcare has just arrived

= Homework: Chapter 7 Homework Question 2, PF7-29A (book/static) Part 1 of

= Homework: Chapter 7 Homework Question 2, PF7-29A (book/static) Part 1 of 7 The August 31 bank statement of Well Healthcare has just arrived from United Bank. To prepare the bank reconciliation, you gather the following data: (Click the icon to view the data.) Read the requirements. Data table Requirement 1. Prepare the bank reconciliation for Well Healthcare at August 31, 2024. Well Healthcare Bank: Balance, August 31, 2024 ADD: Deposit in transit Correction of bank error LESS: Bank Reconciliation August 31, 2024 Help me solve this Etext pages Get more help 4540 HW Score: 38.28%, 1.53 of 4 p O Points: 0 of 2 a. The August 31 bank balance is $4,540. b. The bank statement includes two charges for NSF checks from customers. One is for $380 (#1), and the other is for $180 (#2). c. The following Well Healthcare checks are outstanding at August 31: Check No. Check No. 237 Amount $ 80 Check No. 288 190 Check No. 291 570 Check No. 294 600 Check No. 295 30 Check No. 296 70 d. Well collects from a few customers by EFT. The August bank statement lists a $1,200 EFT deposit for a collection on account. e. The bank statement includes two special deposits that Well hasn't recorded yet: $800 for dividend revenue, and $120 for the interest revenue Well earned on its bank balance during August. f. The bank statement lists a $50 subtraction for the bank service charge. g. On August 31, the Well treasurer deposited $260, but this deposit does not appear on the bank statement. h. The bank statement includes a $1,050 deduction for a check drawn by Multi-State Freight Company. Well notified the bank of this bank error. i. Well's Cash account shows a balance of $2,800 on August 31. Print Done X

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