An examination of the cash activities during the year shows the following.

GREAT ADVENTURES Cash Account Records July 1, 2018, to December 31, 2018
Deposits				Checks/Debit Cards
Date	Desc.	Amount		Date	No.	Desc.	Amount
7/1	Stock sale	$	20,000	7/1	101	Insurance	$	4,200
7/15	Clinic receipts		2,000	7/2	102	Legal fees		1,250
7/22	Clinic receipts		2,300	7/7	DC	Advertising		250
7/30	Clinic receipts		4,000	7/8	103	Bikes		11,500
8/1	Borrowing		25,000	7/24	DC	Advertising		650
8/10	Clinic receipts		3,000	8/4	104	Kayaks		21,000
8/17	Clinic receipts		10,500	8/24	DC	Office supplies		1,750
9/21	Clinic receipts		12,700	9/1	105	Rent		1,800
10/17	Clinic receipts		17,400	12/8	106	Race permit		1,150
12/15	Race receipts		20,000	12/16	107	Salary		2,000
				12/31	108	Dividend		2,000
				12/31	109	Dividend		2,000
		$	116,900				$	49,550

Summary of Transactions

Beginning Cash Balance July 1, 2018	+	Deposits		Checks	=	Ending Cash Balance December 31, 2018
$0		$116,900		$49,550		$67,350

Suzie has not reconciled the companys 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: Statement Date:		1124537774 Dec. 31, 2018
Account Summary
Beginning Balance			Deposits and Credits				Withdraws and Debits		Ending Balance
July 1, 2018			No Total				No Total		December 31, 2018
$0			8		$97,400		11	$43,750	$53,650
Account Details
Deposits and Credits				Withdraws and Debits					Daily Balance
Date	Amount		Desc.	Date	No.	Amount		Desc.	Date	Amount
7/1	$	20,000	DEP	7/1	101	$	4,200	CHK	7/1	$	15,800
8/1		8,300	DEP	7/7	102		1,250	CHK	7/7		14,300
8/1		25,000	DEP	7/7			250	DC	7/14		2,800
9/1		13,500	DEP	7/14	103		11,500	CHK	7/24		2,150
9/30		200	INT	7/24			650	DC	8/1		35,450
10/1		12,700	DEP	8/9	104		21,000	CHK	8/9		14,450
11/1		17,400	DEP	8/24			1,750	DC	8/24		12,700
12/31		300	INT	9/2	105		1,800	CHK	9/1		26,200
				9/30			100	SF	9/2		24,400
				12/10	106		1,150	CHK	9/30		24,500
				12/31			100	SF	10/1		37,200
									11/1		54,600
									12/10		53,450
	$	97,400				$	43,750		12/31	$	53,650

Desc.	DEP Customer deposit	INT Interest earned	SF Service fees
	CHK Customer check	DC Debit card

After comparing the two balances, Suzie has some concern because the banks balance of $53,650 is substantially less than the companys balance of $67,350. 2-a. Prepare Great Adventures bank reconciliation for the six-month period ended December 31, 2018. (Amounts to be deducted should be indicated with a minus sign. Total entries to the same account together when entering in the bank reconciliation.)