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please help asap! all 7 journal entries Required information (The following information applies to the questions displayed below.) The following information is available to reconcile
please help asap! all 7 journal entries
Required information (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 $25,610 debit balance, but its July bank statement shows a $27,921 cash balance. b. Check Number 3031 for $1,490, Check Number 3065 for $521, and Check Number 3069 for $2,258 are outstanding checks as of July 31. c. Check Number 3056 for July rent expense was comectly written and drawn for $1,230 but was erroneously entered in the accounting records as $1,220. 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 yot been recorded in miscellaneous expenses because no previous notification had been received, 9. Branch's July 31 dally cash receipts of $8,532 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Journal entry worksheet 234567 Record the adjusting entry required, if any, related to the July 31 cash balance. Note: Enter debits before credita Journal entry worksheet 3 4 5 6 7 Record the adjusting entry required, if ary, related to the outstanding checks. Note: Inter debas before creds. Journal entry worksheet Record the adjusting entry required, if any, related to Check Number 3056 . Note: Enter dehits belore crestits Journal entry worksheet 123 5. 6 ( 7 Record the adjusting entry required, if any, for the collection of the note by bank for Branch. Nofet Enter debis before eredits. Journal entry worksheet 123467 Record the adjusting entry required, if any, related to the NSF check. sote INier tebas before creats Journal entry worksheet Record the adjusting entry required, if any, related to bank service charges. Note: Enter debits before credits. Journal entry worksheet Record the adjusting entry required, if any, related to the July 31 deposit. Note: Enter debats belore credits Step by Step Solution
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