Check my work The cash records and bank statement for the month of July for Glover Incorporated are shown below. GLOVER INCORPORATED Cash Account Records July 1, 2018 to July 31, 2018 Cash Balance July 1, 2018 + Deposits Checks Cash Balance July 31, 2018 $7,190 $8,480 $9.440 $6.230 Deposits Checks Date Dese Amount Date No. Desc Amount 7/9 7/21 7/31 Sales $2.580 Sales 3,160 Sales 2740 777 531 7/12 532 7/19 533 7/22 534 7/30 535 Rent Salaries Equipment Utilities Advertising $1520 1980 3,700 920 1320 $8,480 $ 9,440 PO Box 123878 Gotebo, OK 73041 (560) 7 FIDELITY UNION You Con Bank On Us Member FDIC Account Holder: Account Number: Glover Incorporated 519 Main Street Gotebo, OK 73041 2252790471 Statement Date: July 31, 2018 Beginning Balance Deposits and Credits Withdrawals and Debits Ending Balance July 1, 2018 No. Total No. Total July 31, 2018 $ 7,800 3 $ 5,792 7 $ 9,302 $ 4,290 Deposits and Credits Withdrawals and Debits Daily Balance Date Amount Desc Date No. Amount Desc. Date Amount CHK 7/10 7/22 7/31 $ 2,580 3,160 52 DEP DEP INT 530 531 532 7/2 7/10 7/14 7/2 7/10 7/14 7/18 7/22 7/26 7/30 $ 610 1,520 1,980 420 4,200 520 52 CHK CHK NSF CHK EFT SF 533 $ 7190 8.250 6,270 5,850 4,810 4,290 4,238 7/18 7/22 7/26 7/30 $ 5,792 $9,302 7/31 $ 4,290 Desc. DEP Customer deposit NOTE Note collected EFT Electronic funds transfer INT Interest earned SF Service fees CHK Customer check NSF Nonsufficient funds Additional information: a. The difference in the beginning balances in the company's records and the bank statement relates to check #530, which is outstanding as of June 30, 2018. b. Check #533 is correctly processed by the bank. c. The EFT on July 26 relates to the purchase of office supplies. 2. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No journat entry required" in the Tirst account field.) View transaction list Journal entry worksheet ed Record the entries that increase cash Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry Viewer joumal ournal entry worksheet Record the entries that decrease cash. Notainter debits before credits Transaction General Journal Debit Credit 2 Record entry Clear entry View general Journal