An examination of the cash activities during the year shows the following. GREAT ADVENTURES Cash Account Records July 1, 2018, to December 31, 2018 0 Deposits Checks/Debit Cards Date Desc 7/1 Stock sale 7/15 Clinic receipts ,800 7/2 102 Legal fees 7/22 Clinic receipts Amount Date No. Desc $30,000 7/1 101 Insurance Amount $ 3,960 1,150 230 11,300 630 18,200 11,900 8/24 DC Office supplies1,730 1,560 1,130 2,000 3,000 3,000 2,760 77 DC Advertising 3,600 7/8 103 Bikes 7/30 Clinic receipts 8/1 Borrowing 8/10 Clinic receipts5,100 8/4 104 Kayaks 8/17 Clinic receipts 9/21 Clinic receipts 10/17 Clinic receipts 12/15 Race receipts 30,000 12/16 107 Salary 23,000 7/24 DC Advertising 12,500 9/1 105 Rent 17,200 12/8 106 Race permit 5 12/31 108 Dividend 12/31 109 Dividend S 137,860 $ 47,890 mn Beginning Cash Balance Ending Cash Balance July 1, 2018Deposits 137,860 Checks $A7,890 $o 31. 2018 $89,970 Suzie has not reconciled the company's cash balance with that of the bank since the company was started. She asks Summit Bank to provide her with a six month bank statement. To save time, Suzie makes deposits at the bank only on the first day of each month SUMMIT BANK Leading You to the Top Member FDIC Account Holder Great Adventures, Inc Account Number 1124537774 Statement Date DeC 31.2018 Account Summary Beginning Balance Withdraws and Debits Ending Balance Deposits and Credits Total July 1, 2018 No No Total December 31, 2018 So $108,160 11 $39,990$68,170 Account Details Deposits and Credits Withdraws and Debits Daily Balance DateAmount $26,040 24,660 13,360 12,730 43,890 25,690 23,960 40,960 39,400 39,450 51,950 69,150 12/10 68,020 Date Amoun t Desc. Date Amount 01 3,960CHK7/1 S 30,000 DEP 7/1 8,160 DEP 77 23,000 DEP77 17,000 DEP 7/14 7124 12,500 DEP 8/9 17,200 DEP 8/24 200 INT 92 102 1,150 CHK 77 103 11,300 CHK 7/2 104 18,200 CHK 8/9 1,560 CHK 9/1 7/14 230 DC 630 DC 1730 DC 50 SF 50 SF 9/30 10/1 100 INT 8/24 12/31 9/30 12/10 12/31 106 1,130 CHK 9/30 10/1 $ 108,160 $ 39,990 12/31 $68,170 Desc. DEP Customer deposit INT Interest earned SF Service fees CHK Customer check DC Debit card After comparing the two balances, Suzie has some concerm because the bank's balance of $68,170 is substantaily less than the company's balanceof company's balance of $89,970. 2-a. Prepare Great Adventures bank reconcililation for the six-month period ended December 31, 2018. (Amounts to be deducted s with a minus sign. Total entries to the same account together when entering in the bank reconciliation.) GREAT ADVENTURES, INC. Bank Reconciliation December 31, 2018 Bank's Cash Balance Company's Cash Balance 68,170 Per general ledger 30,000 Interest earned Per bank statement S $89,970 Deposits outstanding Checks outstanding Service fee (100) Bank balance per reconciliation Company balance per reconciliation 2-b. Record any necessary entries to adjust cash (If no entry is required f account field. Total entries to the same account together when entering in the journal entry carousel.) for a transaction/event, select "No journal entry required" in the first View transaction list Journal entry worksheet Record the amounts that increase cash. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2018 Cash Interest revenue