NEEEDED ANSWERED URGENTLY
Required information Problem 6-4A (Algo) Preparing a bank reconcilliation and recording entries LO P3 TThe following information applies to the qiiestions displayed bwtow]. The foliowing information is available to reconcile francri companys took balance of cash. wercits banve statentent cirsh balance as of July 31. betance. b. Check Number 303 for $1.190, Check Number 3065 for 337 . and Cieck Nianber 3059 for 31.958 ate outstanding checks as of July 31 c. Check Number 3056 for July rent expense was corecty Writeen and drawn for $1,240 but was errenes bucy entered in the accounting records as 51,230 . d. The July bank statement shows the bank collected \$6,000 cast on a note for aranch Branch had not recorded this event before recelving the statement. e. The bank statement shows an 5805 NSF check. The checir had been received from a customer, Evan Show Aranch has not yet recorded this chinck as NSF. f. The July stetemient shows is $9 bank somice charge. It has not yot been recorded in miscellaneous expenses because no previous notification had been recewod. 9. Branch's July 31 dally cash receipts of 57,132 were pidced in the bank's night depostory on that date but do not appear on the July 31 bank statement: Y. Didicn 5 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. Problem 6-4A (Algo) Part 1 Required: 1. Prepare the bank reconcilation for this compony as of Juy 31. Journal entry worksheet 2 67 Record the adjusting entry required, If any, related to the July 31 cash balance. Note: Enter debits before crechts. Journal entry worksheet 67 Record the adjusting entry required, if any, related to the outstanding checks. Notet Enter debits before credits. Journal entry worksheet Record the adjusting entry required, if any, related to Check Number 3056. Note: Enter debits before credits. Journal entry worksheet Record the adjusting entry required, if any, for the colfection of the note by bank for Branch. Note: Enter debits bofore credits. Journal entry worksheet