Please help complete part one and part two. Thanks! Pt. 1

Pt. 2

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 $25,737 debit balance, but its July bank statement shows a $27,170 cash balance. b. Check Number 3031 for $1,140, Check Number 3065 for $346, and Check Number 3069 for $1,908 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 $9,000 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 $14 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 $10.132 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. Bank statement balance Add: Deposit of July 31 Deduct: Check Number 3031 Check Number 3065 Check Number 3000 Adjusted bank balance $ 10,132 1,140 346 1.908 $ BRANCH COMPANY Bank Reconciliation July 31 27,170 Book balance Add: S 10.132 37,302 Proceeds from note Deduct: NSF check Service charge Error (Check 3056) 3.394 23.908 Adjusted book balance 805 14 S 25.737 $ 0 25.737 819 24.018 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.) View transaction list Journal entry worksheet