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 $$25,132$ debit balance, but its July bank statement shows a $$26,471$ cash balance.

b$.$ Check Number $3031$ for $$1,100,$ Check Number $3065$ for $$326,$ and Check Number $3069$ for $$1,868$ 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 $$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.

References

Section Break

Problem $6-4$A $($Algo$)$ Preparing

a bank reconciliation and

recording entries LO P$3$

Problem $6-4$A $($Algo$)$ Part $2$

$2.$ Prepare the journal entries necessary to make the company's book balance of cash equal to the reconciled cash balance as of July $31.$

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Journal entry worksheet

$2,3,4,5,6,7$

Record the adjusting entry required, if any, related to the July $31$ cash balance.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$a$.,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$