The bank statement for Gatlin Co.indicates a balance of $7,735 on June 30.After the journals for June had been posted,the cash account had a balance of $4,098. 
Record the appropriate journal entries that would be necessary for Gatlin Co.
Definitions:
European Union (EU)
A political and economic union of 27 European countries that are located primarily in Europe, aiming to foster economic cooperation, ensuring free movement of people, goods, services, and capital.
Discriminatory Payments
Payments or compensation practices that favor certain groups over others, often based on illegal or unethical criteria.
Robinson-Patman Act
A federal law intended to prevent price discrimination in sales to those who compete with each other, designed to protect small businesses from larger, more powerful companies.
McCarran-Ferguson Act
U.S. federal law enacted in 1945 that allows states to regulate the insurance industry, primarily declaring that state insurance laws supersede most federal regulations.
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