2. Required Information The following information applies to the questions displayed below) Part 2 of 2 2 The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31 10 point a. On July 31, the company's Cash account has a $25,557 debit balance, but its July bank statement shows a $27968 cash balance b. Check No 3031 for $1,530, Check No. 3065 for $541, and Check No. 3069 for $2,298 are outstanding checks as of July 31, c. Check No. 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 $7,000 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. t. The July statement shows a $11 bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notification had been received g. Branch's July 31 ally cash receipts of $8,132 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement 2. Prepare the journal entries necessary to make the company's book balance of cash equal to the reconciled cash balance as of July 31. Of no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 5 8 7 > Record the adjusting entry required, it arvy, related to the July 1 cash balance Transaction General Journal Debit Credit 2 c. Check No. 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 $7,000 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 $11 bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notification had been received g. Branch's July 31 dally cash receipts of $8,132 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement Part 2 of 2 10 points 2. Prepare the journal entries necessary to make the company's book balance of cash equal to the reconciled cash balance as of July 31 (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 Record the adjusting entry required, if any, related to the July 31 cash balance Not: Enter debts before credits Transaction General Journal Delill Credit Record entry Clear entry View general Journal