Cork 0 Saved Required information [The following information applies to the questions displayed below) The cash records and bank statement for the month of July for Glover Incorporated are shown below. GLOVER INCORPORATED Cash Account Records July 1, 2021, to' Joly 31, 2021 Cash Balance Cash Balance July 1, Cash 2021 Receipts $7,070 $8,390 Cash Receipts Date Desc. 779 Soles 7/21 Sales 7/31 Sales July 31, 2021 $6,440 Date 7/7 Amount $2,550 3,130 2,710 Cash Disbuesements $9,20 Cash Disbursements Check Desc 531 Rent 532 Salaries 533 Equipment 534 Utilities Advertising 7/12 7/19 7/22 7730 Amount $ 1,490 1,950 3,400 890 535 $8,390 1,290 $9,020 Member FDIC 22527904471 P.O. Box 123878 FIDELITY UNION Gotebo, OK 73041 You Can Bank On Us (588) 377-CHIE Account Holder: Glover Incorporated Account Number: 519 Main Street Gotebo, OK 73041 Statement Date: Beginning Balance Deposits and Credits withdrawals and Debits July 1, 2021 NO. Total NO. Total $7,650 3 55,729 2 $ 8,349 Deposits and Credits withdrawals and Debits Date Amount Desc. Date No. Amount Desc 7/10 $2,550 DEP 7/2 530 $ 580 CHK 7/22 3,130 DEP 7/10 531 1,490 CHK 7/31 49 INT 7/14 532 1,950 CH 7/18 390 NSF 7/22 533 3,900 CHK 7/26 490 EFT 7/30 49 SF July 31, 2021 Ending Balance July 31, 2021 $ 4.530 Daily Balance Date Amount 7/2 $ 7,070 7/10 8,130 7/14 6, 189 7/18 5,790 7/22 5,020 7/26 4,530 7/30 4,451 7/31 54,530 55.729 58,849 Desc DEP Customer deposit NOTE Hote collected EFT Electronic funds transfer INT Teterest earned CHK Customer check SF Service fees NSF Nonsufficient funds Pro 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, 2021 b. Check #533 is correctly processed by the bank c The EFT on July 26 relates to the purchase of office supplies 1 2. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 1 2 45 Record the entries that increase cash Note Enter debite before credits 1 Record entry Clear entry Nad Additional information: a. The difference in the beginning balances in the company's records and the bank statement relates which is outstanding as of June 30, 2021 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 Journe first account field.) View transaction tist Journal entry worksheet Record the entries that decrease cash. Note Enter debits before credits General Journal Transaction 2 Dobil Credit Record entry Clear entry View general journal