Question: Learning Objective 6 P7-28A Preparing a bank reconciliation and journal entries The August 31 bank statement of Well Healthcare has just arrived from United Bank.


Learning Objective 6 P7-28A Preparing a bank reconciliation and journal entries The August 31 bank statement of Well Healthcare has just arrived from United Bank. To prepare the bank reconciliation, you gather the following data: a. The August 31 bank balance is $4,540 b. The bank statement includes two charges for NSF checks from customers. One is 1. Book Additions $2,120 for $380 (#1), and the other is for $180 (#2) c. The following Well Healthcare checks are outstanding at August 31: Check No Amount 237 288 291 294 295 296 $ 80 190 570 600 30 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
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