The following information applies to the questions displayed below.]The following information is available to reconcile Branch Companys book balance of cash with its bank statement cash balance as of July 31.On July 31, the companys Cash account has a $25,032 debit balance, but its July bank statement shows a $27,343 cash balance.Check Number 3031 for $1,490, Check Number 3065 for $521, and Check Number 3069 for $2,258 are outstanding checks as of July 31.Check Number 3056 for July rent expense