O Required information Problem 6-4A (Algo) Preparing a bank reconciliation and recording entries LO P3 [The following information applies to the questions displayed below) The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31 a. On July 31, the company's Cash account has a $25,124 debit balance, but its July bank statement shows a $28,138 cash balance b. Check Number 3031 for $1770. Check Number 3065 for $661, and Check Number 3069 for $2.538 are outstanding checks as of July 31 c. Check Number 3056 for July rent expense was correctly written and drawn for $1,270 but was erroneously entered in the accounting records as $1.260 d. The July bank statement shows the bank collected $5,500 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 Show. Branch has not yet recorded this check as NSF f. The July statement shows a $8 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 $6,632 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 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. (1f no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction that Journal entry worksheet 3 2 4 5 6 7 Record the adjusting entry required, if any, related to the July 31 cash balance. Notenter debita balore credits Transaction General Journal Debit Credit