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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
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 \\( \\$ 24,792 \\) debit balance, but its July bank statement shows a \\( \\$ 26,200 \\) cash balance. b. Check Number 3031 for \\( \\$ 1,130 \\), Check Number 3065 for \\( \\$ 341 \\), and Check Number 3069 for \\( \\$ 1,898 \\) 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 \\( \\$ 9,500 \\) 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 \\( \\$ 14 \\) 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 \\( \\$ 10,632 \\) were placed in the bank's 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. Required: 1. Prepare the bank reconciliation for this company as of July 31
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