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Required informotion Problem 6.4A (Algo) Preparing a bank reconciliation and recording entries LO P3 IThe following information applies to the Questions displayed belowi] The following

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Required informotion Problem 6.4A (Algo) Preparing a bank reconciliation and recording entries LO P3 IThe following information applies to the Questions displayed belowi] The following information is avalable to reconcile Branch Company's book balance of cash with its aank statement cash balance as of July 31 a. On July 31, the company's Cash account has a 525,414 debit balarce, but es July bank statement shows a $27,974 cosh baance. b. Check Number 3031 for $1,590, Check Number 3065 for 5571 and Check Number 3069 for $2,358 are outstanding checks as of July 31 c. Check Number 3056 for July rent expense was correctly writen and drawo for $1,230 but was eroneously chtered in the accounting records as $1,220 d. The July bank statement shows the bank collected $8,000 casti on a note for flranch fianch bad not recorded this event before receiving the stiatement e. The bark statement shows an $805 NSF check. The check had been receved from d customer Evan Shaw. Branch has not yet recorded this check as NSF 1. The July statement shows a $12 bank service charge. it has not yet been recorced an miscelaneous expenses because no previous notification had been received 9. Brench's Jaly 31 daily cash receipts of 59,132 were placed in the banks night deposttory on that date but do not appear on the July 31 bank statement Problem 6-4A (Algo) Part 1 Required: 1. Prepare the bank itcconcitaton for this compary as of k y 31 Required: 1. Prepare the bank reconciliation for this company as of July 31 . 2. Prepare the joumal enties necessary to make the company's book balance of cash equal to the reconcied cash balance as of July 31. If no entry is required for o tronsoctionievent, select "No joumol entry required" in the first occount field.) Journal entry worksheet balance. Veiei bitar drhas belua budks. 2. Prepare the journat entries necessary to make the compary's book balance of cash equal to the reconciled cash balance as of July 31 at no entry is required for a transection/event, select "No journol entry required" in the first occount field.) Journal entry worksheet

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