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Problem 6-4A (Algo) Preparing a bank reconciliation and recording entries LO P3 [The following information applies to the questions displayed below.] The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31 . a. On July 31 , the company's Cash account has a $25,524 debit balance, but its July bank statement shows a $28,362 cash balance. b. Check Number 3031 for $1,700, Check Number 3065 for $626, and Check Number 3069 for $2,468 are otstanding checks as of July 31 . c. Check Number 3056 for July rent expense was correctly written and drawn for $1,280 but was erroneously entered in the accounting records as $1,270. d. The July bank statement shows the bank collected $6,000 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 $9 bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notification had been received. 9. Branch's July 31 daily cash receipts of $7,132 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Required: 1. Prepare the bank reconciliation for this company as of July 31. (1) Required information View transaction list 1 Record the adjusting entry required, if any, related to the July 31 cash balance. 2 Record the adjusting entry required, if any, related to the outstanding checks. 3 Record the adjusting entry required, if any, related to Check Number 3056. 4 Record the adjusting entry required, if any, for the collection of the note by bank for Branch. 5 Record the adjusting entry required, if any, related to the NSF check. Note : = journal entry has been entered \begin{tabular}{|l|l|} \hline Record entry & Clear entry \\ \hline \end{tabular} 3 Record the adjusting entry required, if any, related to Check Number 3056. 4 Record the adjusting entry required, if any, for the collection of the note by bank for Branch. 5 Record the adjusting entry required, if any, related to the NSF check. 6 Record the adjusting entry required, if any, related to bank service charges. 7 Record the adjusting entry required, if any, related to the July 31 deposit