n. 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.

Requirements

1. Prepare the bank reconciliation for Well Healthcare at August 31,

2024.

1. Book Additions $2,120

2. Journalize any required entries from the bank reconciliation. Include

an explanation for each entry.

7-45 ▸