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Required information Skip to question [The following information applies to the questions displayed below.] The following information is available to reconcile Branch Companys book balance

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[The following information applies to the questions displayed below.] The following information is available to reconcile Branch Companys book balance of cash with its bank statement cash balance as of July 31.

On July 31, the companys Cash account has a $25,308 debit balance, but its July bank statement shows a $28,146 cash balance.

Check Number 3031 for $1,700, Check Number 3065 for $626, and Check Number 3069 for $2,468 are outstanding checks as of July 31.

Check Number 3056 for July rent expense was correctly written and drawn for $1,230 but was erroneously entered in the accounting records as $1,220.

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.

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.

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.

Branchs July 31 daily cash receipts of $7,132 were placed in the banks 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.

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