prepare a bank reconcilation

Required information Problem 4-3B Prepare the bank reconciliation and record cash adjustments (L04-5) [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 July 31, 2021 Cash Balance July 31, - Cash Disbursements 38,740 , 0 Cash Balance July 1, Cash 2021 + Receipts $6.990 $8.30 Cash Receipts Desc. Sales Sales Sales Cash Disbursements Dese. Date Checke Amount $2,530 3,110 2.690 Amount $1,470 1,930 3.200 7/12 7/19 STD 35 Salaries Equipment Utilities Advertising 1,270 $8,740 $8,330 Member FDIC P.O. Box 123878 Gotebo, OK 73041 (550) 371 KIE Account Holder: PIDELITY UNION You Can Bank On Us Account Number 2252790471 Glover Incorporated 519 Main Street Gotebo, OK 73041 July 31, 2021 Statement Date Mithdrawals and Ending Balance 2021 C54,790 Daily Balance 35617 Beginning Balance Deposits and Credits Daly 1, 2021 Total $7,550 Deposits and Credits Date 710 7/23 DEP $ 8,447 Dese. About $ 560 1,470 1.930 370 NSY 7/18 7/22 $6.990 8,050 6,120 5.750 5,260 4,790 4,743 $4,790 Ac 3,600 7/30 7/31 $5,687 $8,447 Dese. DEP Customer deposit NOTE Note collected EPI Electronic funds transfer INT Interest earned CEK Customer check SP Service fees NSP 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, 2021. b. Check #533 is correctly processed by the bank. c. The EFT on July 26 relates to the purchase of office supplies. negative 8370 :-470