1 Required Information Problem 6-4A (Algo) Preparing a bank reconciliation and recording entries LO P3 [The following Information applies to the questions displayed below.) Part 1 of 2 The following Information balance as of July 31. available to reconcile Branch Company's book balance of cash with its bank statement cash 10 points eBook a. On July 31, the company's Cash account has a $25,122 debit balance, but its July bank statement shows a $26,707 cash balance. b. Check Number 3031 for $1,200, Check Number 3065 for $376, and Check Number 3069 for $1,968 are outstanding checks as of July 31. c. Check Number 3056 for July rent expense was correctly written and drawn for $1,220 but was erroneously entered in the accounting records as $1,210 d. The July bank statement shows the bank collected $8,000 cash on a note for Branch. Branch had not recorded this event before receiving the statement. e. The bank statement shows an $805 NSF check. The check had been received from a customer, Evan Shaw. Branch has not yet recorded this check as NSF. f. The July statement shows a $12 bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notification had been received. g. Branch's July 31 daily cash receipts of $9,132 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Ask Print References Part 1 of 2 Problem 6-4A (Algo) Part 1 10 points Required: 1. Prepare the bank reconciliation for this company as of July 31. eBook BRANCH COMPANY Bank Reconciliation July 31 Book balance Bank statement balance Ask Add: Add: 0 0 Print 0 0 Deduct: Deduct: References 0 0 Adjusted bank balance $ Adjusted book balance $ 0 Part 2 of 2 View transaction list 10 points Journal entry worksheet Record the adjusting entry required, if any, related to the outstanding checks. eBook Ask Note: Enter debits before credits. Transaction General Journal Debit Credit Print b. References Record entry Clear entry View general journal Part 2 of 2 View transaction list 10 points Journal entry worksheet Record the adjusting entry required, if any, related to check Number 3056. eBook Ask Note: Enter debits before credits. Transaction General Journal Debit Credit Print C References Record entry Clear entry View general journal Part 2 of 2 View transaction list 10 points Journal entry worksheet eBook Record the adjusting entry required, if any, for the collection of the note by bank for Branch. Ask Note: Enter debits before credits. Transaction General Journal Debit Credit Print d. References Record entry Clear entry View general journal 2 of 2 View transaction list Journal entry worksheet Record the adjusting entry required, if any, related to the July 31 deposit. Book Ask Note: Enter debits before credits. Transaction General Journal Debit Credit Print 9 erences Record entry Clear entry View general journal Part 2 of 2 View transaction list 10 points Journal entry worksheet Record the adjusting entry required, if any, related to bank service charges. eBook Ask Note: Enter debits before credits. Transaction General Journal Debit Credit Print f. References Record entry Clear entry view general journal View general journal Part 2 of 2 View transaction list 10 points Journal entry worksheet