Question

! Required information {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. SLOVER INCORPORATED Dash Account Records Culy 1, 2021, to July 31, 2021 Tah BC Cash BA July 1, 2021 $7,390 Jash + Receipte $3,690 July 31, 2021 $5,000 Date 7/9 7/21 7/31 Cash Receipts Dese. 3ales Sa.es Salaa Amount $2,630 3, 210 2,790 Cash - Disbursements $10,140 cesh Disbursements Date Check! 7/7 5.21 Rent 532 Salaries 7/19 333 Equipment 7/33 utilities 7/30 535 Adymeting Rount 1,570 2,030 0,200 534 970 1,370 $10, 140 $8,630 Member FDIC 2252390431 July 31, 3021 D.O. Box 123878 FIDELITY UNION Gotebo, OK 73041 You Can Bank On U (580) 377-ORIE Account Ho_der: s over Incorporated Account Numbexi 519 Main Street Gotebo, OK 73041 Statement Date: withdrawals and Beginning balance Deposits and Credits Debita July 1, 2021 NO. Total NO. Total SO, 050 3 $5,097 7 $ 9,957 Deposits and Credits withdrawal and Debits Amount Duta No. Ancunt Dec. 7/10 $2,630 DED 7/2 330 $ EED CHE 7/23 3,310 DEP 7/10 531 1,570 CHR 7/31 57 INT 7/14 2,030 7/18 470 NSE 7/22 533 4,500 CHE 7/26 570 EET 7/30 57 ΞΕ Ending balance July 31, 2021 $ 3,990 Daily balance Dete Amount 7/2 $7,390 7/10 8,450 7/14 7/18 2,950 7/22 7/26 3,990 7/30 3,933 7/21 $3,990 532 4,560 $5,097 $9,957 Desc. DEP Customer deposit NOTE Note collected EFT Electronic tunda transice INT Interest earned CHR Customer check SP Services 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 4533 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 ist Journal entry worksheet < 1 2 Record the entries that increase cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry clear entry View general Journal

Answer 1

	General Journal	Debit	Credit
1	Cash	57
	Interest Revenue		57
2	Accounts Receivable	470
	Office Supplies	570
	Equipment	400		=4600-4200
	Service Charge Expense	57
	Cash		1497