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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

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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 avallable to reconclle 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 $25,400 debit balance, but its July bank statement shows a $28,285 cash balance. b. Check Number 3031 for $1,720, Check Number 3065 for $636, and Check Number 3069 for $2,488 are outstanding checks as of July 31 . c. Check Number 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 $8,000 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 recelved from a customer, Evan Shaw. Branch has not yet recorded this check as NSF. f. The July statement shows a $12 bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notification had been recelved. g. Branch's July 31 daily cash receipts of $9,132 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. Required information Problem 6-4A (Algo) Preparing a bank reconciliation and recording entries LO P3 (The following infomation appliles to the questions displayed below] The folywing information is avaliable to reconcile Branch Company's book balance of cash with its bank statement cash balance ns of July 31 . a. On July 31, the company's Cash account has a $25,400 debit bolance, but its July bonk statement shows a $28.285 cnsh beinnce. b. Check Number 3031 for $1,720, Check Number 3065 for $636, and Check Number 3069 for $2.488 are outstanding checis as of July 31, c. Check Number 3056 for July rent expense was correctly written and drawn for $1,280 bu was ertoneounly enteredf in the accounaing records as $1,270 d. The Jily bonik statement shows the bank collected $8.000 cosh on a note for Branch. franch had not recorded this event before recelving the statement. e. The bank statement shows an 5805 NSF check. The check had been recelved from a cistomes, Evan Shaw Branch hes not yet tecorded this check as NSF. f. The july statement shows a 512 bank service charoe. it has not yet been recorded in miscellaneous expenses because no previous notification had been received 9. Branchis July 31 dally cosin recelpts of $9132 were placed in the bansk right depositary on that date but do not appear. on the July 31 benk statement. Problem 6-4A (Algo) Part 1 Asquined: 1. Prepare the bank reconchation for this company as of July 31 , Requlred: 1. Prepare the bank reconciiution for this company as of July 31

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