2.
No | Account | Debit | Credit |
1 | Cash | 55 | |
Interest revenue | 55 | ||
2 | Accounts Receivable | 450 | |
Equipment (4500-4000) | 500 | ||
Office supplies | 550 | ||
Service fee expense | 55 | ||
Cash | 1555 |
The cash records and bank statement for the month of July for Glover Incorporated are shown...
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 $6,020 - Cash Balance July 1, Cash 2021 + Receipts $7,310 $8,570 Cash Receipts Date Desc. 7/9 Sales 7/21 Sales 7/31 Sales Amount $2,610 3, 190 2, 770 Date 7/7 7/12 7/19 7/22 7/30 Cash Disbursements $9,860 Cash Disbursements Check Desc. 531 Rent 532 Salaries 533...
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 $6,510 Cash Balance July 1, Cash 2021 + Receipts $7,030 $8,360 Cash Receipts Date Desc. 7/9 Sales 7/21 Sales 7/31 Sales Amount $ 2,540 3,120 2,700 Date 7/7 7/12 7/19 7/22 7/30 Cash Disbursements $8,880 Cash Disbursements Check# Desc. Rent Salaries Equipment Utilities Advertising л...
The cash records and bank statement for the month of July for Glover Incorporated are shown below. Additional information: 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. Check #533 is correctly processed by the bank. The EFT on July 26 relates to the purchase of office supplies. Record the necessary cash adjustments. The cash records and bank statement for the month of...
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 $6,580 Cash Balance July 1, Cash 2021 Receipts $6,990 $8,330 Cash Receipts Date Desc. 7/9 Sales 7/21 Sales 7/31 Sales Amount $2,530 3,110 2,690 Date 7/7 7/12 7/19 7/22 7/30 Cash Disbursements $8,740 Cash Disbursements Check# Desc. 531 Rent 532 Salaries 533 Equipment 534 Utilities 535...
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 $6,930 Cash Balance July 1, Cash 2021 + Receipts $6,790 $8,180 Cash Receipts Date Desc. 7/9 Sales 7/21 Sales 7/31 Sales Amount $ 2,480 3,060 2,640 Date 7/7 7/12 7/19 7/22 7/30 Cash Disbursements $8,040 Cash Disbursements Check# Desc. 531 Rent 532 Salaries 533 Equipment 534...
GLOVER INCORPORATED Cash Account Records July 1, 2021, to July 31, 2021 - Cash Balance July 31, 2021 $6,300 Cash Balance July 1, Cash 2021 + Receipts $7,150 $8,450 Cash Receipts Date Desc. 7/9 Sales 7/21 Sales 7/31 Sales Amount $ 2,570 3,150 2,730 Date 7/7 7/12 7/19 7/22 7/30 Cash Disbursements $9,300 Cash Disbursements Check# Desc. 531 Rent 532 Salaries 533 Equipment 534 Utilities Advertising Amount $1,510 1,970 3,600 910 1,310 $ 9,300 $ 8,450 Member FDIC 2252790471 P.O....
The cash records and bank statement for the month of July for Glover Incorporated are shown below. Prepare a bank reconciliation for Glover’s checking account on July 31, 2021. 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 1, Cash 2021 + Receipts $6,910 $8,270 Cash Receipts Date Desc. 7/9 Sales 7/21 Sales 7/31 Sales Cash Balance...
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 Cash Balance July 1. Cash 2021 Receipts 57,390 58,630 Cash Receipts Date Desc 7/9 Sales 7/21 Sales 7/31 Sales July 31, 2021 $5,888 Amount $2,630 3,210 2,790 Date 7/2 7/12 7/19 7/22 7/30 Cash Disbursements $10,140 Cash Disbursements Check Desc 531 Rent 532 Salaries 533 Equipment 534 Utilities Advertising...
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. GLOVER INCORPORATED Cash Account Records July 1, 2021, to July 31, 2021 Cash Balance Cash Balance July 1, Cash Cash 2021 Receipts Disbursements July 31, 2021 $7,190 $8,480 $9,440 $6,230 Cash Receipts Cash Disbursements Date Desc. Amount Date Check Desc. Amount 7/9 Sales $ 2,580 7/7 531 Rent $1,520 7/21 Sales 3,160...
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. GLOVER INCORPORATED Cash Account Records July 1, 2021, to July 31, 2021 Cash Balance Cash Balance July 1, 2021 + Cash Receipts − Cash Disbursements = July 31, 2021 $6,950 $8,300 $8,600 $6,650 Cash Receipts Cash Disbursements Date Desc. Amount Date Check# Desc. Amount 7/9 Sales $ 2,520 7/7 531 Rent $...