The cash receipts and cash disbursements of Frank's Law Firm for January, 2020. The cash balance shows a balance of $19,739 at January 31, 2020 Cash Receipts Journal (Deposits) Cash Disbursements Journal 3-Jan 10,494 311 1836 740 Balan 10-Jan 312 834 990 313 6281 16-Jan 3744 314 1292 22-Jan 10368 1315 4294 29-Jan 1202 316 1800 31-Jan 864 317 652 318 3134 Total 28,402 319 400 6482 320 F Total 27005 Fle 3 Bank Statement for January 31, 2020 2 3 4 5 8 Withdrawals Deposits Dates Balance 18342 1-Jan 1 Jan 526 18868 10494 4.Jan 9 29362 1836 7-Jan 10 27526 740 11 28266 990 9-Jan 12-Jan 13 Jan 14.Jan 6218 29256 23038 Description Balance forward EFTrent collection Deposit Cheque 311 Deposit Deposit Cheque 313 NSF Cheque Cheque 312 Deposit Cheque 314 EFTinsurance Bank Collection Deposit Cheque 315 Cheque 16 Service Charge 1678 21360 834 15.Jan 3744 17.Jan 18-Jan 12 13 14 15 16 17 18 19 20 21 22 23 24 1292 658 6372 10368 21 Jan 22.Jan 23 Jan 20526 24270 COOL 22978 Account 22320 28692 39060 34766 32966 32896 4294 26 Jan 1800 30-an 70 31 Jan 18680 33234 1. The EFT deposit was a receipt for monthly rentalincome. 2. The EFT debit was payment of monthly liability insurance 3. THE NSF was from A.N. Green for account payment 4. Cheque 313 was recorded correctly by the bank 5. Bank collection was for a note receivable and included 250 of 5 8 7 g 10 11 Required: 1. Prepare the bank reconciliation 2. Prepare the journal entries ery 3. What is the opening balance of cash in the books on January 1 SB 12 13 14 15 SBC 16 17 SBO 18 19 20 18 A#2-F