a. On July 31, the company's Cash account has a $25,002 debit balance, but its July bank statement shows a $27,909 cash balance. b. Check Number 3031 for $1,730, Check Number 3065 for $641, and Check Number 3069 for $2,498 are outstanding checks as of July 31. c. Check Number 3056 for July rent expense was correctly written and drawn for $1,240 but was erroneously entered in the accounting records as $1,230. d. The July bank statement shows the bank collected $10,000 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 recelved from a customer, Evan Shaw. Branch has not yet recorded this check as NSF. f. The July statement shows a $15 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 $11,132 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Problem 8-4A (Algo) Part 2 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.) Journal entry worksheet 34567 Record the adjusting entry required, if any, related to the July 31 cash balance. Note: Enter debits before credits 2. Prepare the journal entries necessary to make the company's book balance 31. (If no entry is required for a transaction/event, select "No journal entry rec 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. 6 Record the adjusting entry required, if any, related to Note : = journal entry has been entered 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. Note : = journal entry has been entered