An examination of the cash activities during the year shows the following. GREAT ADVENTURES Cash Account Records July 1, 2018, to December 31, 2018 Checks/Debit Cards Date Desc 71 Sock sale 7/15 Clinic receipts 7/22 Clinic receipts 7130 Clinic receipts 8/1 Bcrrowing 8/10 Clinic receipts 8/17 Clinic receipts 9/21 Clinic receipts 1017 Clinic receipts 12/15 Race receipts Amount Date No. Desc S 4,560 1.400 S 20,000 7110 Insurance 2,000 7/2 102 Legal fees 2,300 7 DC Advertising 4,000 78 103 Bikes 11,800 28,000 24 DC Advertising 25,200 10,500 824 DC Office supplics 1,780 3,000 84 104 Kayaks 3,000 9/1 105 Rent 17.700 128 106 Race permit 1,180 2,000 2,000 2,000 20,000 12/16 107 Salary 12/31 108 Dividend 12/31 109 Dividend S 120,500 $55,040 Sunmary of Transactions Beginning Cash Balance July 1, 2018 SO Checks December 31, 2018 $55,040 $120,500 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