RequirementsPrepare the bank reconciliation of Devon insurance at December 31, 2024Journalized any required entries from the bank reconciliation 6789105More infoa. 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 $2,200 bank collection was for a note receivable.d. The correct amount of check no. 1419, for rent expense, is $1,910. Devin'scontroller mistakenly recorded the check for $1,190.Dec. 15Dec.18Dec.22Checks and other Debits:Dec.Dec.Dec.Dec.Dec.Dec.Dec.Print811 (check no. 1416)1922 (check no. 1417)29 (check no. 1418)31 (check no. 1419)31Ending BalanceDoneBCNSF5102,3502,200SC500890EFT 1,0002106801,91015$10,140(5,205)19,135XData tableCash ReceiptsDate Cash DebitDec. 4 $4,150948014510172,350311,830RequirementsACash PaymentsCheck No. Cash Credit1416 $141714181419142014211422Print1. Prepare the bank reconciliation of Devin Insurance at December 31, 2024.2. Journalize any required entries from the bank reconciliation.8902106801,1901,480900650Done Data tableBeginning BalanceDeposits and other Credits:Dec.Dec.Dec.Dec.Dec.Dec.Dec.Dec.Dec.Dec.Question 2 of 2415101518ABank Statement for DecemberDec. 22Checks and other Debits:811 (check no. 1416)1922 (check no. 1417)29 (check no. 1418)PrintEFT $BCNSFEFT4504,1504805102,3502,2005008901,0002106804.04.0Done$14,20010,140- X

D 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 $2,200 bank collection was for a note receivable. d. The correct amount of check no. 1419, for rent expense, is $1,910. Devin's controller mistakenly recorded the check for $1,190. Dec. Dec. 15 18 Print Dec. 22 Checks and other Debits: 8 11 (check no. 1416) 19 Dec. Dec. Dec. Dec. Dec. Dec. Dec. 31 22 (check no. 1417) 29 (check no. 1418) 31 (check no. 1419) Done BC NSF EFT SC 510 2,350 2,200 500 890 1,000 210 680 1,910 15 10,140 (5,205) Data table Cash Receipts Date Cash Debit Dec. 4 $ 9 Requirements 14 17 31 4 4,150 480 510 2,350 1,830 Print Cash Payments Check No. 1416 1417 1418 1419 1420 1421 1422 1. Prepare the bank reconciliation of Devin Insurance at December 31, 2024. 2. Journalize any required entries from the bank reconciliation. Cash Credit $ 890 210 680 1,190 1,480 900 650 Done

D 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 $2,200 bank collection was for a note receivable. d. The correct amount of check no. 1419, for rent expense, is $1,910. Devin's controller mistakenly recorded the check for $1,190. Dec. Dec. 15 18 Print Dec. 22 Checks and other Debits: 8 11 (check no. 1416) 19 Dec. Dec. Dec. Dec. Dec. Dec. Dec. 31 22 (check no. 1417) 29 (check no. 1418) 31 (check no. 1419) Done BC NSF EFT SC 510 2,350 2,200 500 890 1,000 210 680 1,910 15 10,140 (5,205) Data table Cash Receipts Date Cash Debit Dec. 4 $ 9 Requirements 14 17 31 4 4,150 480 510 2,350 1,830 Print Cash Payments Check No. 1416 1417 1418 1419 1420 1421 1422 1. Prepare the bank reconciliation of Devin Insurance at December 31, 2024. 2. Journalize any required entries from the bank reconciliation. Cash Credit $ 890 210 680 1,190 1,480 900 650 Done

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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