Jarvis Incorporated is preparing a bank reconciliation for the month of January 2016. The following information is collected in preparing the reconciliation: The cash balance per the general ledger (g/l) is $3.597The cash balance per the January 2016 bank statement is $5,975 Deposits in transit for January were S1,600 I here were 5 outstanding checks that had not been cashed by the end of January; they were the following: Jarvis tenants pay their rent electronically. The bank collected an EFT (electronic funds transfer) for rent revenue in the amount of $905.The bank collected a note receivable in the amount of $2.115, which includes interest of$1 15.Interest revenue earned on the bank account was $30 for the month Bank service charges amounted to $15 for the month An NSF (non-sufficient funds) check was received from L Ross for $52 There was an EFT payment for insurance expense of $360 Required: Prepare the bank reconciliation for Jarvis Incorporated for January 2016 Prepare the necessary journal entries to account for any reconciling items resulting from the bank reconciliation you prepared