An examination of the cash activities during the year shows the following. Date 771 7/15 7/22 7/30 GREAT ADVENTURES Cash Account Records July 1, 2021, to December 31, 2021 Cash Receipts Cash Disbursements Dese. Amount Date Check# Desc Stock sale $ 30,000 7/1 101 Insurance Clinic receipts 1,800 7/2 102 Legal fees Clinic receipts 2,760 7/7 Advertising Clinic receipts 3,600 7/8 103 Bikes Borrowing 35,000 7/24 DC Advertising clinic receipts 5,100 8/4 104 Kayaks Clinic receipts 11,900 B/24 DC Office supplies Clinie receipts 13,700 9/1 105 Rent Clinie receipts 18.400 12/ 106 Race permit Race receipts 30.000 12/16 107 Salary 12/31 108 Dividend 12/31 109 Dividend $152,260 8/10 8/17 9/21 10/17 12/15 Amount $ 5,400 1,750 350 12,500 750 35,000 1,850 3,000 1,250 2,000 3,000 3,000 $69,850 Summary of Transactions Beginning Cash Balance Ending Cash Balance July 1, 2021 + - Cash Receipts $152,260 Cash Disbursements $69,850 - December 31, 2021 $82,410 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. Member FDIC SULTAN Leading you to the Top Great Adventures, Inc. Account Holders Account Number Statement Datet 1124537774 Doe. 31, 2021 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 Member FDIC 1124537774 Dec. 31, 2021 Ending Balance December 31, 2021 $60, 610 SUMMIT BANK Leading You to the Top Account Holder: Great Adventures, Inc. Account Number: Statement Date: Account Summary Withdrawals and Beginning Balance Deposits and Credits Debits July 1, 2021 Total No Total $122.560 11 561,950 Account Details Deposits and Credits Withdrawals and Debits Date Amount Desc. Date Amount Desc. 7/1 $ 30,000 DEP 7/1 101 $ 5,400 8/1 8,160 DEP 7/7 102 1,750 CHK 8/1 35.000 DEP 7/7 350 9/1 17.000 DEP 7/14 103 12,500 CHK 9/30 INT 7/24 750 13,700 DEP 8/9 104 35,000 11/1 18.400 DEP 8/24 1,850 12/31 200 INE 9/2 105 3.000 9/30 SP 12/10 106 1,250 CHK 12/31 NO. CITR 7/1 100 10/1 CHK Daily Balance Date Amount $24,600 7/7 22,500 7/14 10,000 7/24 9.250 8/1 52,410 8/9 17,410 8/24 15,560 9/1 32,560 9/2 29,560 9/30 29,610 10/1 43,310 11/1 61,710 12/10 60,460 12/31 $60,610 CHK 50 50 SP $122,560 $61,950 Desc. DEP Customer deposit CHK Customer check INT Interest earned DC Debit card SP Service fees After comparing the two balances, Suzie has some concern because the bank's balance of $60.610 is substantially less than the company's balance of $82.410. 2-a. Prepare Great Adventures' bank reconciliation for the six-month period ended December 31, 2021. (Amounts to be deducted 2-a. Prepare Great Adventures' bank reconciliation for the six-month period 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.) Answer is not complete. Bank's Cash Balance GREAT ADVENTURES, INC. Bank Reconciliation December 31, 2021 Company's Cash Balance Per General Ledger Interest Earned Service Fee Per Bank Statement 300 Deposits Outstanding Checks Outstanding (100) Bark Balance Per Reconciliation Company Balance Per | Reconciliation