apter 07 Homework K The December cash records of Davidson Insurance follow: (Click the icon to view the checkbook.) Part 1 of 8 Davidson's Cash account shows a balance of $17,450 at December 31. On December 31, Davidson Insurance received the following bank statement BB (Click the icon to view the December bank statement) this Etext pa Data table O Points: 0 of 2 Additional data for the bank reconciliation follow: (Click the icon to view the additional information.) Read the requirements. 1 X Bank Statement for December Requirement 1. Prepare the bank reconciliation of Davidson Insurance at December 31, 2024 Prepare the bank portion of the reconciliation, followed by the book portion of the reconciliation. Davidson Insurance Beginning Balance Deposits and other Credits S 14,100 Data table Dec 1 EFT $ 350 Bank Reconciliation Dec 5 4,240 December 31, 2024 Dec 10 550 Cash Receipts Cash Payments Bank: Balance, December 31, 2024 Dec. 15 600 Date 14100 Dec 18 1,900 Dec. 4 $ ADD Deposit in transit 1400 1,400 Dec 22 BC 9,040 9 Cash Debit Check No. 4,240 1416 550 1417 Cash Credit $ 810 180 15500 Checks and other Debits 14 600 1418 630 LESS Outstanding checks Dec 8 NSF 400 17 1,900 1419 1,390 1419 1390 Dec. 11 (check no. 1416) 810 31 1,860 1420 1,490 Dec 19 EFT 225 1421 700 Dec. 22 (check no 1417) 180 1422 600 Adjusted bank balance, December 31, 2024 Dec 29 (check no. 1418) 630 Dec 31 (check no 1419) 1,930 Dec 31 SC 10 (4.185) Print Done Requirements Ending Balance 5 18,955 1. Prepare the bank reconciliation of Davidson Insurance at December 31, 2024 2. Journalize any required entries from the bank reconciliation Explanations BC-bank collection; EFT-electronic funds transfer, NSF-nonsufficient funds checks, SC-service charge Print Done - X