The following information is available for Park Valley Spa for July Year 1 BANK STATEMENT STATE BANK BOLTA VISTA, NV 10001 Park Valley Spa 10 Main Street Bolta Vista, NV 10001 Account number 12-4567 July 31, Year 1 Beginning balance 6/30/Year 1 Total deposits and other credits Total checks and other debits Ending balance 7/31/Year 1 $ 9,670 29,806 22,510 16,966 Checks and Debits Deposits and Credits Check No. 2350 2351 2352 2354 2355 2357 DM Amount $3,761 1,644 8,000 1,399 6,189 1,497 July1 July 10 July 15 July 21 July 26 July 30 Amount $1,103 6,496 4,931 6,177 5,967 2,085 3,047 CM The following is a list of checks and deposits recorded on the books of the Park Valley Spa for July Year 1 Check No. 2351 2352 2353 2354 2355 2356 2357 Amount of Check $1,644 8,000 2,894 1,399 6,189 Amount of Deposit $6,496 4,931 6,177 5,967 2,085 3,555 Date July 10 July 10 July 15 July 20 July 22 Date July 8 July 14 July 21 July 26 July 29 July 30 1,497 Other Information 1. Check no. 2350 was outstanding from June 2. The credit memo was for collection of notes receivable 3. All checks were paid at the correct amount. 4. The debit memo was for printed checks 5. The June 30 bank reconciliation showed a deposit in transit of $1,103 6. The unadjusted Cash account balance at July 31 was $14,528 Required a. Prepare the bank reconciliation for Park Valley Spa at the end of July b. Record in general journal form any necessary entries to the Cash account to adjust it to the true cash balance