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$\backslash$table$[[$BRANCH COMPANY$],[$Bank Reconciliation$],[$July $31],[$Bank statement balance,,$$26,050$vv$,$Book balance,$$24,940,],[$Add:$,$Add:$],[,$T:$,9,132$vv$,,,$$$,8,000,],[,8,000\backslash$times $,17,132,,8,000\backslash$times $,16,000],[,,,43,182,,,40,940],[$Deduct:$,$Deduct:$],[$Check Number $3031,$grad,$1,010$vv$,,,10>,],[$Check Number $3065,$V$,281$V$,,,805$vv$,],[$Error $($Check $3056),$x$,1,778$vv$,,,12$V$,],[$Service charge,x$,12$x$,3,081,,827\backslash$times $,1,654],[$Adjusted bank balance,,,$$40,101,$Adjusted book balance,,$$39,286]]$

$[$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 $$24,940$ ?debit balance, but its July bank statement shows a $$26,050$

cash balance.

b$.$ ?Check Number $3031$ ?for $$1,010,$ ?Check Number $3065$ ?for $$281,$ ?and Check Number $3069$ ?for $$1,778$ ?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 received 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 received.

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:

Prepare the bank reconciliation for this company as of July $31.$