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[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, 2021 $5,880 Cash Balance July 1, Cash 2021 Receipts $7,39 $8,630 Cash Receipts Date Desc. 7/9 Sales 7/21 Sales 7/31 Sales Amount $ 2,630 3,210 2,790 Date 7/7 7/12 7/19 7/22 7/30 Cash Disbursements $10, 140 Cash Disbursements Checke Desc 531 Rent 532 Salaries 533 Equipment 534 Utilities 535 Advertising Amount $ 1,570 2, eze 4,200 97e 1,370 $12, 140 58,630 Member FDIC 2252790471 NO. P.0. Box 123878 FIDELITY UNION Gotebo, OK 73041 You Can Bank On US (596) 377-DIE Account Holder: Glover Incorporated Account Number: 519 Main Street Gotebo, OK 73041 Statement Date: Beginning Balance Deposits and Credits Withdrawals and Debits July 1, 2021 NO. Total Total 58,@se 3 $5,897 7 $ 9,957 Deposits and Credits Withdrawals and Debits Date Amount Desc. Date No. Amount Desc 7/10 $2,630 DEP 7/2 530 $ 668 CHE 7/22 3,210 DEP 7/10 531 1,57e CHK 7/31 57 INT 7/14 532 2,03e 7/18 470 NSF 7/22 523 CHE 7/26 570 EFT 7/30 57 SF July 31, 2021 Ending Balance July 31, 2021 $ 3,99e Daily Balance Date Amount 7/2 57,390 7/1e 8,450 7/14 6,420 7/18 5,95e 7/22 4,560 7/26 3,99e 7/30 3,933 7/31 $3,990 CH 4,600 $5,897 $9,957 Desc. DEP Customer deposit NOTE Note collected EFT Electronic funds transfer INT Interest earned CHK Customer check SE Service fees NSF 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 une 30 2021 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. 2. Record the necessary cash adjustments (if no entry is required for a transaction/event, select "No Journal Entry Required" In the First account field.) View transaction list Journal entry worksheet

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