Preparing a bank reconciliation and journal entries

The May cash records of Dickson Insurance follows:

Cash receipt			Cash payments
Date May 4 May 9 May 14 May 17 May 31	Cash debit $4,150 540 560 2,190 1,870	Check No. 1416 1417 1418 1419 1420 1421 1422		Cash credit $850 160 670 1,690 1.450 1,200 640

Dicksons cash account shows a balance of $16,650 at May 31. On May 31, Dickson Insurance received the following bank statements:

BANK STATEMENT ONLY FOR MAY
BEGINNING BALANCE				$14,000
DEPOSITS AND OTHER CREDITS:
MAY	1	EFT	$200
MAY	5		4,150
MAY	10		540
MAY	15		2,190
MAY	18	BC	1,700	9,340
CHECKS AND OTHER DEBITS:
MAY	8	NSF	700
MAY	11 (CHECK NO. 1417)		850
MAY	19	EFT	400
MAY	22 (CHECK NO.1418)		160
MAY	29 (CHECK NO.1419)		1,960
MAY	31	SC	10	(4,750)
ENDING BALANCE				$18,590

ADDITIONAL DATE FOR THE BANK RECONCILIATION FOLLOWS:

The EFT credit was a receipt of rent. The EFT debit was an insurance payment.

The NSF check was received from a customer

The $1,700 bank collection was for a note receivable

The correct amount of check 1419, for rent expense, is $1,690. Dicksons controller mistakenly recorded the check for $1,690.

Prepare the bank reconciliation of Dickson Insurance at May 31, 2015.

Journalize any required entries from the bank reconciliation.