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Required information [The following information applies to the questions displayed below] The following information is avallable to reconcile Branch Company's book balance of cash with
Required information [The following information applies to the questions displayed below] The following information is avallable to reconcile Branch Company's book balance of cash with iss bank statement cash balance as of July 31 . a. On July 31, the company's Cash account has a $2.5,151 debat balance, but its July bank statement shows a $27,687 cash balance b. Check Number 3031 for $1,580. Check Number 3065 for $66, and Check Number 3069 for $2,348 are outstanding checks as of fuly 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 bark collected $7,000 cash on a note for Branch Branch had not recorded this. event before receiving the statement e. The bark statement shows an $805 NSF check. The check had been recelved from a customec, Evan Shaw Branch has not yet recorded this check as NSF t. The July statement shows a \$t1 bank service charge it has not yet been recorded ir miscellaneous expenses because no previous notification had been received. 9. Branch's July 31 dally cash receipts of 58,132 were placed in the banks night depository on that date but do not appear on the July 31 bank statement. Required: Required: 1 Penate the hank reconcliation for this comporly as of July 31 Required: 1. Prepare the bank reconciliation for this company as of July 3
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