Preparing a bank reconciliation and journal entriesThe August 31 bank statement of Winches...

Preparing a bank reconciliation and journal entries

The August 31 bank statement of Winchester’s Healthcare has just arrived from United Bank. To prepare the bank reconciliation, you gather the following data:

Requirements

1. Prepare the bank reconciliation for Winchester’s Healthcare at August 31, 2012.

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2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry.