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 $25,186 debit balance, but its July bank statement shows a $27,524 cash balance. b. Check Number 3031 for $1,500, Check Number 3065 for $526, and Check Number 3069 for $2,268 are outstanding checks as of July 31. c. Check Number 3056 for July rent expense was correctly written and drawn for $1,250 but was erroneously entered in the accounting records as $1,240. d. The July bank statement shows the bank collected $6,000 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 $9 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 $7,132 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. (1) Required information \begin{tabular}{|c|c|c|c|c|c|} \hline No & Transaction & Gener & & Debit & Credit \\ \hline 1 & a. & No journal entry required & e & & \\ \hline 2 & b. & No journal entry required & 0 & & \\ \hline 3 & c. & Cash & 8 & 6,000 & \\ \hline & & Notes receivable & (8) &. & 6,000 \\ \hline 4 & d. & Accounts recoivable - E. Shaw & & 805 & \\ \hline & & Cash & & & 805 \\ \hline 5 & e. & Sales retums and allowances & & 9 & \\ \hline & & Cash & 0 & & 9 \\ \hline 6 & t. & Rent expense & & & \\ \hline & & Cash & 0 & & 10 \\ \hline 7 & 9. & No journal entry required & 0 & & \\ \hline \end{tabular}