The October 31 bank statement of White's Healthcare has just arrived from Stat Bank. To prepare the bank reconciliation, you gather the following data:
a. The October 31 bank balance is $5,170.
b. The bank statement includes two charges for NSF checks from customers. One is for S420 (#1), and the other is for S120
c. The following White checks are outstanding at October 31:

Check No. Amount
237 $90
288 150
291 580
294 590
295 10
296 150

d. White collects from a few customers by EFT. The October bank statement lists a Sl,400 EFT deposit for a collection on account.
e. The bank statement includes two special deposits that White hasn't recorded yet: Sl,050, for dividend revenue, and $50, the interest revenue White earned on its bank balance during October.
f. The bank statement lists a S70 subtraction for the bank service charge.
g. On October 31, the White treasurer deposited S290, but this deposit does not appear on the bank statement.
h. The bank statement includes a S700 deduction for a check drawn by Multi-State Freight Company. White notified the bank of this bank error.
i. White's Cash account shows a balance of S2,700 on October 31.

Required:
1. Prepare the bank reconciliation for White's Healthcare at October 31, 2012.
2. Journalize any required entries from the bank reconciliation. Include an explanation for each entry.