3 Required information Part 1 of 2 Problem 6-4A (Algo) Preparing a bank reconciliation and recording adjustments LO P3 [The following information applies to the questions displayed below.] 2.5 points The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31. X 01:37:16 eBook a. On July 31, the company's Cash account has a $24,792 debit balance, but its July bank statement shows a $26,553 cash balance. b. Check No. 3031 for $1,270, Check No. 3065 for $411, and Check No. 3069 for $2,038 are outstanding checks as of July 31. c. Check No. 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 $7,500 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 daily cash receipts of $8,632 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Print References Problem 6-4A (Algo) Part 1 Required: 1. Prepare the bank reconciliation for this company as of July 31. X 01:36:57 Problem 6-4A (Algo) Part 1 eBook Required: 1. Prepare the bank reconciliation for this company as of July 31. Print References BRANCH COMPANY Bank Reconciliation July 31 Book balance Add: Bank statement balance Add: Deduct: Deduct Adjusted bank balance Adjusted book balance AA