An examination of the cash activities during the year shows the following Date 7/1 7/15 7/22 7/30 8/1 8/10 8/17 9/21 10/17 12/15 GRENT ADVENTURES Cash Account Record July 1, 2021, to December 31, 2021 Cash Receipts Cash Disbursements Desc. Amount Date Check Desc. Stock sale $ 20,000 7/1 101 Insurance clinio receipto 2,000 7/2 102 Legal een clinic receipts 2,300 7/2 DC Advertising Clinic receipts 4,000 7/8 103 Bikes Borrowing 25,0007724 DC Advertising clinic receipt 3,000 3/4 Kayake Clinie receipts 10,500 8/24 DC office supplies Clinie receipts 12,700 9/1 105 Rent clinie receipts 17,400 1278 106 Race permit Race receipt 20,000 12/16 107 Salary 12/31 108 Dividend 12/31 109 Dividend $116,900 104 mount S4,200 1,250 250 11,500 650 21,000 1,750 1,800 1,150 2,000 2,000 2.000 $49.550 Summary of Transactions Beginning Cash Balance Ending Can Balance + July 1, 2021 $0 Cash Receipts $116,900 Canh Dimbursements 349,550 - December 31, 2021 $67,350 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, Suzle makes deposits at the bank only on the first day of each month SUNNIT RANK Member FDIC Leading you to the Top Account Iolderi Great Adventures, Inc. Account Number 1124537724 Statement Date Dec. 31, 2021 Account Auntary Withdrawals and Beginning Balance Deposits and Credits Debits Ending Balance July 1, 2021 No Total Total December 31, 2021 50 8 $97, 400 11 $43,750 $53,650 Account Details Deposits and credit withdrawals and Debita Daily Balance Date mount Dec Date NO Amount DO Date Amount 7/1 $ 20,000 DEP 7/1 101 $.4.200 CHK 771 $15,800 8/1 8.300 DEP 7/7 102 1.250 CHK 7/2 14.300 8/ 25,000 7/7 250 DC 7/14 2,800 9/1 13,500 DEP 7/14 103 11,500 CHIK 7/24 2,150 9/30 200 IH 7/24 650 DC 8/1 35.450 No DEP - DEP DEP 101 102 DER 103 771 8/1 8/1 9/1 9/30 10/1 11/1 12/31 320,000 8,300 25,000 13,500 200 12,700 17.400 300 DEP INT DET DEP INT 7/1 7/7 7/7 7/14 7/24 8/9 8/24 9/2 9/30 12/10 12/31 104 $4,200 1.250 250 11,500 650 21,000 1,750 1.800 100 1,150 100 CHK CHK DC CHK DC CHX DC CHK SP SE 7/1 7/7 7/14 7/24 8/1 8/9 8/24 9/1 9/2 9/30 10/1 11/1 12/10 12/31 $15,800 14,300 2,800 2,150 35,459 14,450 12,700 26,200 24,400 24,500 37,200 54,600 53,450 $53,650 105 106 597,400 $43,250 SP Service fees Dese. DEP Customer deposit CHK Customer check INT Interest earned DC Debit card After comparing the two balonces, Suzie has some concern because the bank's balance of $53,650 is substantially less than the company's balance of $67.350. 2-a. Prepare Great Adventures' bank reconciliation for the six-month perlod ended December 31, 2021. (Amounts to be deducted should be indicated with a minus sign. Total entries to the same account together when entering in the bank reconciliation.) GREAT ADVENTURES, INC Bank Reconciliation December 31, 2021 Company's Cash Balance Per General Ledger Bank's Cash Balance Per Bank Statement Bank Balance Per Reconciliation Company Balance Per Reconciliation 2-b. Record any necessary entries to adjust cash. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field. Total entries to the same account together when entering in the journal entry carousel.) 2-b. Record any necessary entries to adjust cash. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field. Total entries to the same account together when entering in the journal entry carousel.) View transaction list Journal entry worksheet 1 2 > Record the amounts that increase cash. Note: Enter debits before credits General Journal Debit Credit Date Dec 31, 2021 Record entry Clear entry View general Journal