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 $25,034 debit balance, but its July bank statement shows a $27,573 cash balance. b. Check Number 3031 for $1.580, Check Number 3065 for $566, and Check Number 3069 for $2,348 are optstanding 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 $5,500 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 $8 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 $6,632 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement Prepare e Dark Cocon of company as of July 31 worquest $ 25,034 Bank statement balance Add: Deposit of July 31 $ 6.632 Answer is not complete. BRANCH COMPANY Bank Reconciliation July 31 $ 27,673 Book balance Add Proceeds from nota 6,632 34,205 Deduct NSF check Service charge Error (Check 3056) 4.494 5 29.711 Adjusted book balance 0 25,034 Deduct Check Number 3031 Check Number 3065 Check Number 3069 OO 1,580 566 2,348 OOO 305 8 10 823 $ 24,211 Adjusted bank balance 4. Prepare une journa enines necessary to make the company s DOOK Danice or cash equal to the reconchu Cash Oance as or jury 31. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is not complete. No Transaction General Journal Debit Credit 1 1 a No journal entry required 2 b. No journal entry required > 3 G. Rent expense Cash 10 10 4 d. Cash Collection expense Notes receivable 5,500 5 805 Accounts receivable-E Shaw Cash 805 6 8 Miscellaneous expenses Cash 8