P7-27A Preparing a bank reconciliation and journal entries The December cash records of Davidson Insurance follow Lear 1. Adj Cash Receipts Cash Payments Date Cash Debit Check No. 1416 1417 1418 1419 1420 1421 1422 Cash Credit 4,240 550 600 1,900 1,860 810 180 630 1,390 1,490 700 600 Dec. 4 14 17 31 Davidson's Cash account shows a balance of $17,450 at December 31. On December 31, Davidson Insurance received the following bank statement: Bank Statement for December 14,100 Beginning Balance Deposits and other Credits: EFT Dec.1 Dec. 5 Dec. 10 Dec. 15 Dec. 18 Dec. 22 350 4,240 550 600 1,900 1,400 BC 9,040 Checks and other Debits: Dec. 8 Dec. 11 (check no. 1416) Dec. 19 Dec. 22 (check no. 1417) Dec. 29 (check no. 1418 Dec. 31 (check no. 1419) Dec. 31 400 810 225 180 630 1,930 10 NSF EFT SC (4,185) 18,955 Ending Balance