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Required information [The following information applies to the questions displayed below.) The foliowing information is avallable 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 foliowing information is avallable to reconcile Branch Company's book balance of cash with its bank statement casch balance as of July 31 . a. On July 31, the company's Cosh account has a $24,743 debit balance, but its July bank statement shows a $26,979 cash balance. b. Check No. 3031 for $1,460, Check No. 3065 for $506, and Check No. 3069 for $2,228 are outstanding checks as of July 31. c. Check No. 3056 for July rent expense was correctly written and drawn for $1,220 but was erroneously entered in the accounting records as \$1,210. d. The July bank statement shews the bank collected $7,000 cash on a fote 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 recelved from a customer, Evan Shaw. Branch has not yet recorded this check as NSF. f. The July statement sbows a $11 bank service charge. It has not yet been recorded in miscelianeous expenses because no previous notification had been received. 9. Branch's July 31 dally cash receipts of $9,132 were placed in the bank's night depository on that dote but do not appear. on the July 31 bank statement. 2. Piepare the journal entries necessary to make the company's book bolance of cash equal to the recbuciled cash balance as of July 31. (Uf no entry is required for an transaction/event, select "No journal entry required" in the first account field.)

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