Bank Statement for December
Beginning Balance						$14,000
Deposits and other Credits:
	Dec.	1		EFT	$100
	Dec.	5			4,230
	Dec.	10			530
	Dec.	15			550
	Dec.	18			2,250
	Dec.	22		BC	2,200	9,860
Checks and other Debits:
	Dec.	8	NSF		600
	Dec.	11	(check no. 1416)		830
	Dec.	19		EFT	275
	Dec.	22	(check no. 1417)		130
	Dec.	29	(check no. 1418)		730
	Dec.	31	(check no. 1419)		860
	Dec.	31		SC	15	(3,440)
Ending Balance						$20,420
Explanations: BC-bank collection; EFT-electronic funds transfer;
NSF-nonsufficient funds checks; SC-service charge

The December cash records of Buffy Insurance follow: E: (Click the icon to view the checkbook.) Buffy's Cash account shows a balance of $18,140 at December 31. On Decem following bank statement: (Click the icon to view the December bank statement.) Cash Receipts Date Cash Debit Dec. 4 $ 4,230 530 14 550 2,250 1,780 a. The EFT credit was a receipt of rent. The EFT debit was an insurance payment. b. The NSF check was received from a customer. c. The $2,200 bank collection was for a note receivable. d. The correct amount of check no. 1419, for rent expense, is $860. Buffy's controller mistakenly recorded the check for $680. Prepare the bank portion of the reconciliation, followed by the book portion of th| Cash Payments Check No. Cash Credit 1416 $ 830 1417 130 1418 1419 680 1420 1,450 1421 800 1422 580 Buffy Insurance Bank Reconciliation December 31, 2018 730 Print Done Bank: ADD: Print Done LESS: Choose from any list or enter any number in the input fields and then click Check Answer 7 parts I remaining Clear All Check