Consider the possible changes in the supply and demand curves of the following In March 2015, hogs in the United States were selling for 81 cents per pound up from 58 cents per pound a year before. This was due primarily to the fact that supply had decreased during the period Which of the following best describes this station? OA The higher price uses a movement on the supply curve resulting in a shortage in the ho manat OB. The poly and demand curves shift loft until the new price is 31 ants per pound Oc The supply curvests downward causing the price to go below 68 cents per pound resulting in the demand curve sing until the price quotes per pound OD. The supply curve shifts to the left untersect the demand curve cents per pound Saved Help Required information (The following information applies to the questions displayed below.) of 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 ipped 31. eBook Print Beferences a. On July 31, the company's Cash account has a $24,772 debit balance, but its July bank statement shows a $26,729 cash balance b. Check No. 3031 for $1,350, Check No. 3065 for $451, and Check No. 3069 for $2,118 are outstanding checks as of July 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 $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 received from a customer, Evan Shaw. Branch has not yet recorded this check as NSF. 1. 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 9. 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. Required: 1. Prepare the bank reconciliation for this company as of July 31 Consider the possible changes in the supply and demand curves of the following In March 2015, hogs in the United States were selling for 81 cents per pound up from 58 cents per pound a year before. This was due primarily to the fact that supply had decreased during the period Which of the following best describes this station? OA The higher price uses a movement on the supply curve resulting in a shortage in the ho manat OB. The poly and demand curves shift loft until the new price is 31 ants per pound Oc The supply curvests downward causing the price to go below 68 cents per pound resulting in the demand curve sing until the price quotes per pound OD. The supply curve shifts to the left untersect the demand curve cents per pound Saved Help Required information (The following information applies to the questions displayed below.) of 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 ipped 31. eBook Print Beferences a. On July 31, the company's Cash account has a $24,772 debit balance, but its July bank statement shows a $26,729 cash balance b. Check No. 3031 for $1,350, Check No. 3065 for $451, and Check No. 3069 for $2,118 are outstanding checks as of July 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 $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 received from a customer, Evan Shaw. Branch has not yet recorded this check as NSF. 1. 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 9. 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. Required: 1. Prepare the bank reconciliation for this company as of July 31