Nippon Paint Holdings Co., Ltd. is a Japanese paint and paint products manufacturing com pany. It is the fourth largest paint manufacturer globally based on revenue in 2020. The ban k statement for Nippon for December 31, 2020, indicates a balance of $5900. However, the c ompany's Cash account has a balance of $3,340. The cash transactions and cash balances of Nippon Paint., for December were as follows: a. A deposit of $ 1600 by the company on Dec 31, which is not appearing on bank st atement till that time. b. Bank collected your account receivable directly of amount, $3,000 which had been not entered by the accountant paid in the cash book. c. A bank erroneously deducted $100 for a check written by another company. d. Interest revenue eamed on your bank balance, $30. e. Chequ no. 333 was cleared by the bank with amount of $ 150 but it was erroneou sly recorded by you as $510. f. Outstanding checks total of $1,340. g. Bank service charges, $20. h. NSF check from a customer, $50. i. Bank directly paid your insurance expense of amount, $400 but it was not recorde d by accountant. Required: 1. Prepare a bank reconciliation for December 2020. (6 marks) 2. Journalize the entries that should be made by Nippon Paint. (2 marks)