ework (Graded) (Please complete these problems af... Saved Cash Balance Cash July 1, 2024 Receipts Cash Account Records July 1, 2024, to July 31, 2024 Cash Disbursements $7,398 + $8,630 $10,140 Cash Receipts Cash Disbursements Date Description Amount Date Description 7/9 Sales $2,630 7/7 EFT 7/21 Sales 3,210 7/12 EFT 7/31 Sales 2,790 7/19 DC 7/22 CHK number 531 7/30 CHK number 532 Memo Rent Salaries Equipment Utilities Advertising $8,630 Cash Balance July 31, 2024 $5,880 Amount $1,570 2,030 4,200 970 1,370 $10,140 P.O. Box 123878 Gotebo, OK 73041 (588) 377-OKIE Account Holder: Beginning Balance July 1, 2024 $8,050 Eagle Incorporated 519 Main Street Gotebo, OK 73041 FIDELITY UNION Statement Date: Deposits and Credits Number 3 Total $5,897 Number 7 Deposits and Credits Withdrawals and Debits Date Amount Description Date Number Amount Description 7/10 $2,630 DEP 7/2 530 $660 CHK You Can Bank On Us Account Number: Withdrawals and Debits 2252790471 Member FDIC July 31, 2024 Ending Balance July 31, 2024 $ 3,990 Daily Balance Amount $7,390 Total $ 9,957 Date 7/2 7/22 3,210 DEP 7/10 1,578 EFT 7/10 8,450 7/31 57 INT 7/24 2,030 EFT 7/24 5,420 7/18 470 NSF 7/18 5,950 7/22 4,600 DC 7/22 4,560 7/26 570 EFT 7/26 3,990 7/30 57 SF 7/30 3,933 7/31 $3,990 $5,897 $9,957 Description DEP Customer deposit INT Interest earned SF Service fees NOTE Note collected CHK Customer check NSF Nonsufficient funds EFT Electronic funds transfer DC Debit card Additional information: a The difference in the heninninn halances in the company's records and the hank statement relates to check number 530 which is Prev 1 of 2 Next > outstanding as of June 30, 2024. b. The debit card transaction for the purchase of equipment on 7/19 is correctly processed by the bank. c. The EFT on July 26 in the bank statement relates to the purchase of office supplies. Required: 1. Prepare a bank reconciliation for Eagle's checking account on July 31, 2024. 2. Record the necessary cash adjustments. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation for Eagle's checking account on July 31, 2024. (Amounts to be deducted should be indie with a minus sign. Total entries to the same account together when entering in the bank reconciliation.) EAGLE INCORPORATED Bank Reconciliation Bank's Cash Balance: Per bank statement July 31, 2024 Company's Cash Balance Per general ledger Company balance per reconciliation Bank balance per reconciliation View transaction list Journal entry worksheet < 1 2 Record the entries that increase cash. Note: Enter debits before redits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal < Required 1 Required 2 > View transaction list Journal entry worksheet < Record the entries that decrease cash. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal < Required 1 Required 2 >