(Solved): (3) The bank statement included bank charges of \( \$ 60 \). (5) The bank statement showed a rever ...

(3) The bank statement included bank charges of \( \$ 60 \). (5) The bank statement showed a reversal entry of \( \$ 590 \) that was originally deposited by P. Macca, a customer, to Watsonia Stores. Requifed (a) Prepare a bank reconciliation for the Watsonia Stores at 31 August. ( 4 marks) (b) Prepare the adjusting entries as at 31 August (3 marks) - Narrations in the general journals are not required.