During the year, Byke Inc. paid parking rental fees via automatic e-transfer from the bank account. The payroll clerk had set up the automatic e-transfer via online banking in early 2020. There were 12 instalments made in the amount of $175 each. The December bank reconciliation reflects the total payment made as a reconciling item on the book side. Bank reconciliations are prepared on an annual basis. Make journal entry for the year ending December 31, 2020