The December cash records of Duffy Insurance follow:

cash receiptscash payments

Datecash debitcheck no. cash credit

dec. 4 $41901416 $840

Dec. 9$5101417$170

Dec. 14 $5501418$680

Dec. 17$21501419$1190

Dec. 31$18301420$1470

1421$1200

1422$630

Duffy's cash account shows a balance of $17,050 at December 31. on December 31, Duffy Insurance received the following bank statement:

Bank statement for December

beginning balance $14,000

deposit and other credits:

Dec 1EFT $400

Dec 54190

Dec 10510

Dec 15550

Dec 182150

Dec 22 BC 1600 9400

Checks and other Debits:

Dec 8NSF600

Dec 11 (check no. 1416)840

Dec 19EFT 700

Dec 22 (check no. 1417)170

Dec 29 (check no. 1418)680

Dec 31 (check no. 1419)1910

Dec 31 SC 20(4920)

Ending Balance18480

additional data for the bank reconciliations follow:

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

B. the NSF check was received from a customer.

C.the $1600 bank collection was for a note receivable.

D.the correct amount of check 1419, for rent expense, is $1910. Duffy's controller mistakenly recorded the check for $1190

Requirements

1. Prepare the bank reconciliations of Duffy Insurance at December 31, 2016

2. Journalize any requirement entries the bank reconciliation.