Fluffy Pet Grooming Deposits All Cash Receipts on the Day $\$ 2,261$

Fluffy Pet Grooming deposits all cash receipts on the day when they are received and all payments are made by check. At the close of business on June 30, its Cash account shows a $14,811 debit balance. Fluffy Pet Grooming's June 30 bank statement shows $14,472 on deposit in the bank. Prepare a bank reconciliation for Fluffy Pet Grooming using the following information: a. Outstanding checks as of June 30 total $\$ 2,261$ .
b. The June 30 bank statement included a $\$ 75$ debit memorandum for bank services.
c. Check No. 919 , listed with the canceled checks, was correctly drawn for $\$ 789$ in payment of a utility bill on June 15. Fluffy Pet Grooming mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $\$ 798$ .
d. The June 30 cash receipts of $\$ 2,534$ were placed in the bank's night depository after banking hours and were not recorded on the Tune 30 bank statement. What is the adjusting journal entry required to record the increase in cash for the adjusted bank balance?

A) Debit to cash $2,261 credit to accounts receivable $2,261.
B) Credit to accounts receivable $2,261 debit to cash $2,261.
C) No adjusting entry is necessary.
D) Debit to cash $2,534 credit to accounts receivable $2,534.
E) Credit to cash $2,534 credit to accounts receivable $2,534.