The December cash records of Kirks Hardware follow: Cash Receipts Date Cash Debit ($) 4-Dec 4,170 9-Dec 510 14-Dec 530 17-Dec 2,180 31-Dec 1,850 Kirks Cash account shows a balance of $16,740 at December 31. On December 31, Kirk Hardware received the following bank statement: Bank Statement for December 2020 Beginning balance $ 13,600 Deposits and other credits: 1-Dec EFT $ 300 5-Dec 4,170 10-Dec 510 15-Dec 530 18-Dec 2,180 22-Dec BC 1,400 9,090 Cheques and other debits: 8-Dec NFS $ 1,000 11-Dec 860 19-Dec EFT 700 22-Dec 130 29-Dec 650 31-Dec 1,940 31-Dec SC 60 (5,340) Ending balance $ 17,350 Cash Payments Cheque# Cash credit ($) 1416 860 1417 130 1418 650 1419 1,490 1420 1,440 1421 900 1422 630

Additional data for bank reconciliation are as follows:

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

B. The NSF check was received from a customer.

C. The $1,400 bank collection was for a note receivable.

D. The correct amount of check 1419 for rent expense is $1,940. Kirks controller mistakenly recorded the check for $1,490.

Requirements:

1. Journalize any required entries from the above records for Kirks Hardware.

2. Prepare the companys adjusted cash book.

3. Prepare the bank reconciliation statement for Kirks Hardware on December 31, 2020.