solve

Question - X Part 1 of 8 Data table The December cash records of Harry Insurance follow: Additional data for the bank (Click the icon to view the checkbook.) i (Click the icon to view the Bank Statement for December Harry's Cash account shows a balance of $16,150 at December 31. On December 31, Harry Insurance received the following Beginning Balance $ 13,800 bank statement: Read the requirements. (Click the icon to view the December bank statement.) Deposits and other Credits: Dec. EFT $ 250 Dec 5 4,220 Dec. 10 540 Requirement 1. Prepare the bank reconciliation of Harry Insurance at December 31, 2024. Dec. 15 520 Prepare the bank portion of the reconciliation, followed by the book portion of the reconciliation. Dec. 18 2, 100 V X Harry Insurance - X Dec. 22 BC 1,900 9,530 Bank Reconciliation Data table Checks and other Debits: December 31, 2024 Dec. 8 NSF 1,100 Bank: Cash Receipts Cash Payments Dec. 11 (check no. 1416) 880 Date Cash Debit Check No. Cash Credit Dec 19 EFT 620 ADD: Dec. 4 $ 4,220 1416 $ 880 Dec. 22 (check no. 1417) 200 9 540 1417 200 Dec. 29 (check no. 1418) 660 LESS 14 520 1418 660 Dec. 31 (check no. 1419) 1,950 17 2,100 1419 1,590 Dec. 31 SC 20 (5,430) 31 1,820 1420 1.460 Ending Balance $ 17,900 1421 1,400 1422 660 Explanations: BC-bank collection; EFT-electronic funds transfer; - X NSF-nonsufficient funds checks; SC-service charge More info a. The EFT credit was a receipt of rent. The EFT debit was an insurance payment. Print Done b. The NSF check was received from a customer. c. The $1,900 bank collection was for a note receivable. d. The correct amount of check no. 1419, for rent expense, is $1,950. Harry's controller mistakenly recorded the check for $1,590 le Get more help - Clear all Check