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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

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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 $25,356 debit balance, but its July bank statement shows a $26,619 cash balance. b. Check Number 3031 for $1,070, Check Number 3065 for $311, and Check Number 3069 for $1,838 are outstanding checks as of July 31 c. 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. 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. 2. Prepare the joumal entries necessary to make the company's book balance of cash equal to the reconciled cash balance as of July 31. Note: If no entry is required for a transaction/event, select "No journal entry Journal entry worksheet Record the adjusting entry required, if any, related to the July 31 cash balance. Notel Enter dehits before credits. Journal entry worksheet 567 Record the adjusting entry required, if any, related to the outstanding checks. Note: Enter debits before credits. Journal entry worksheet 567 Record the adjusting entry required, if any, related to Check Number 3056 . Noter Enter debits before cretits. Journal entry worksheet 12345 Record the adjusting entry required, If any, related to the July 31 deposit. Note: tnter debits before credits

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