User Pro ACOT 101-505 control camples Question 1. Chapter 4 Won's Den mework (Algo) Sara Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not in ine 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 Cash Balance July 1, Cash Cash 2021 July 31 Receipts Disbursements 2021 56,870 58,240 58,320 Cash Receipts 35,790 Cash Disbursements Date Desc Amount Date Checks Desc 779 Amount Sales $2,500 7/7 531 Rent 7/21 $1,440 Sales 3.080 7/12 532 Salaries 7/31 Sales 1.900 2,660 7/19 533 Equipent 2,900 7/22 534 Utilities 340 7/30 535 Advertising 1,240 58,240 58,320 Member FDIC P.0. Box 123878 FIDELITY UNION Gotebo, OK 73841 (50) 377-08IE You Can Bank On Us Account Holder Glover Incorporated Account Nueber 519 Main Street Gotebo, OK 73841 Statement Dater Withdrawals and Beginning Balance Deposits and Credits Debits July 1, 2021 NO. Total NO. Total 57,40 1 15,624 52994 Deposits and Credits withdrawals and Debits Date Amount Desc Date No. Amount Desc 7/10 $2,500 DEP 7/2 $330 CHK 7/22 3.00 DEP 7/10 531 1.440 7/31 46 CH INT 7/14 532 1.900 CH 7/18 340 7/22 533 3,300 440 EFT 7/30 44 SF 2252790471 July 31, 2021 Ending Balance July 31. 2021 35, Daty Balance Date Asunt 72 56,870 7/10 7.90 6,230 7/18 5,690 7/22 5,470 7/25 5,030 7730 4.986 7/31 15.30 530 7/26 24 7 904 Prev 12 of 6 Next > BO 888 PO 8: Dr : 2 $ 4 X 5 3 01 > AN .00 9 O W E R T Y U O (Amoun minus sign. Total entries to the same account together when entering in the bank rec Answer is not complete. GLOVER INCORPORATED Bank Reconciliation July 31, 2021 Bank's Cash Balance Company's Cash Balance Per bank statement $ 5,030 Per general ledger $ Deposits outstanding 2,660 Interest earned Checks outstanding NSF check Service fees Company error 6,790 44 (440) (340) (44) (500) X Bank balance per reconciliation Company balance per reconciliation