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				$ 9,480
Total deposits and other credits				29,820
Total checks and other debits				22,501
Ending balance 7/31/Year 1				16,799

Checks and Debits		Deposits and Credits
Check Number	Amount	Date	Amount
2350	$ 3,764	July 1	$ 1,107
2351	1,640	July 10	6,494
2352	8,000	July 15	4,932
2354	1,402	July 21	6,180
2355	6,182	July 26	5,964
2357	1,496	July 30	2,088
DM	17	CM	3,055

The following is a list of checks and deposits recorded on the books of the Park Valley Spa for July Year 1.

Date	Check Number	Amount of Check	Date	Amount of Deposit
July 2	2351	$ 1,640	July 8	$ 6,494
July 4	2352	8,000	July 14	4,932
July 10	2353	2,899	July 21	6,180
July 10	2354	1,402	July 26	5,964
July 15	2355	6,182	July 29	2,088
July 20	2356	73	July 30	3,551
July 22	2357	1,496

Other Information

Check number 2350 was outstanding from June.

The credit memo was for collection of notes receivable.

All checks were paid at the correct amount.

The debit memo was for printed checks.

The June 30 bank reconciliation showed a deposit in transit of $1,107.

The unadjusted Cash account balance at July 31 was $14,340.

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.

Prepare the bank reconciliation for Park Valley Spa at the end of July. Journal entry worksheet Record the collection of notes receivable. Note: Enter debits before credits