Your answer has been saved. See score details after the due date. 1 The statement from Jackson County Bank on December 31 showed a balance of $26,384. A comparison of the bank statement with the Cash account revealed the following facts. The bank collected a note recevable of $2,400 for Sunland Company on December 15 through electronic funds transfer The December 31 receipts were deposited in a night deposit vault on December 31. These deposits were recorded by the bank in January Checks outstanding on December 31 totaled $1.300. On December 31, the bank statement showed an NSF charge of S620 for a check received by the company from L. Bryan, a customer, on account: 2 3 4 Journalize the adjusting entries resulting from the bank reconciliation and adjustment data. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Tties and Explanation Credit Dec. Debit 31 (To record collection of notes receivable) Dec 31 (To record NSF charge) Dec 31 (To adjust depreciation) Dec 31 To adost insurance Your answer has been saved. See score details after the due date. The statement from Jackson County Bank on December 31 showed a balance of $26,384. A comparison of the bank stateme with the Cash account revealed the following facts. 1. The bank collected a note receivable of $2,400 for Sunfand Company on December 15 through electronic Funds transfer The December 31 receipts were deposited in a night deposit vault on December 31. These deposits were recorded by the bank in January Checks outstanding on December 31 totaled $1,300 On December 31, the bank statement showed an NSF charge of $620 for a check received by the company from L. Bryan a customer, on account 2 3 4 Prepare a bank reconciliation as of December 31 based on the available information. (Hint: The cash balance per books is $25.904. This can be proven by finding the balance in the Cash account from parts () and (b). (List items that increase cash balance first. Reconcile cash balance per bank first.)