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Homework: Chapter 7 Homework Save Score: 0 of 4 pts 7 of 7 in complete HW Score: 59.55%, 5.95 of 10 pts Question Hapo P7-27A

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Homework: Chapter 7 Homework Save Score: 0 of 4 pts 7 of 7 in complete HW Score: 59.55%, 5.95 of 10 pts Question Hapo P7-27A (similar to) The December cash records of Duffy insurance follow (Click the loan to view the checkbook) Duty's Cash account shows a balance of $17,670 at December 31. On December 31, Duty Insurance received the following bank statement Click the icon to view the December bank sement) Additional data for the bank reconciliation follow Click the boon to view the additional formation) Read the requirements Requirement 1. Prepare the bank reconciliation of Duty Insurance at December 31, 2018 Prepare the bank portion of the reconciliation followed by the book portion of the recordation Duty Insurance Bank Reconciliation December 31, 2018 Choose from yo u r in the intend thence C rewer Check Awww Additional data for the bank reconciliation follow. (Click the icon to view the additional information.) ecember 31, Duffy Insurance received the Read the requirements. ecember 31, 2018 on of the reconciliation 0 Requirements 1. Prepare the bank reconciliation of Duffy Insurance at December 31, 2018. 2. Journalize any required entries from the bank reconciliation Print Done nd then click Check Answer. ework 7 of 7 (6 complete) Additional data for the bank reconciliation follow A (Click the icon to view the additional information.) 31. On December 31, Duffy Insurance received the Read the requirements. ance at December 31, 2018 book portio * More Info 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. 109, for rent expense, is $1,910. Duffy's controller mistakenly recorded the check for $1,190 Print Done ut fields and then click Check Answer Clear All Data Table pllow: formation.) 14,200 d on - Bank Statement for December Beginning Balance Deposits and other Credits: Dec EFT $ 100 4,150 530 570 Dec. 18 2,100 Dec Checks and other Debits: Dec 8 NSF 1.000 Dec 11 (check no. 1416) 830 Dec. 19 EFT 425 Dec. 22 (check no. 1417) 140 Dec. 29 (check no. 1418) Dec 31 (check no. 1419) 1,910 Dec. 31 BC 2.200 9,650 650 SC 35 (4.990) en click Print Done Data Table x bllow. formatior 4,150 530 570 2,100 BC2,200 9,650 Dec. Dec. 10 Dec. 15 Dec. 18 Dec. 22 Checks and other Debits: Dec. Dec. 11 (check no. 1416) Dec. 19 Dec. 22 (check no. 1417) Dec. 29 (check no. 1418) Dec 31 (check no. 1419) Dec 31 NSF EFT 1.000 830 425 140 650 1,910 35 (4,990) 18,860 Ending Balance Explanations: BC-bank collection, EFT-electronic funds transfer NSF-nonsufficient funds checks; SC-service charge Print Done Additional data for the bank reconciliation follow (Click the icon to view the additional information.) iber 31, Duffy Insurance received the Read the requirements. Data Table ber 31, 2 the recor Cash Receipts Date Cash Debit Dec. 4 $ 530 570 2,100 1,840 Cash Payments Check No. Cash Credit 1416 $ 830 1417 140 1418 650 1419 1,190 1420 1421 900 1422 590 1.420 Print Done en click Check Answer, Clear All

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