The cash records and bank statement for the month of July for Glover Incorporated are shown below.

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The cash records and bank statement for the month of July for Glover Incorporated are shown below.

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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 #533 is correctly processed by the bank.c. The EFT on July 26 relates to the purchase of office supplies.

Required:1. Prepare a bank reconciliation for Glover?s checking account on July 31, 2021.2. Record the necessary cash adjustments.

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Financial Accounting

ISBN: 978-1259914898

5th edition

Authors: David Spiceland, Wayne M. Thomas, Don Herrmann

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