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00 8 Part 1 of 2 balance. 3 points Required information (The following information applies to the s displayed below.) The following information is available to teconcile 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 $25,417 debit balance, but its July bank statement shows a $28,331 cash b. Check Number 3031 for $1730, Check Number 3065 for $641, and Check Number 3069 for $2,498 are outstanding checks as of July 31 e. Check Number 3056 for July rent expense was correctly written and drawn for $1.230 but was erroneously entered in the accounting records as $1.220. d. The July bank statement shows the bank collected $5,000 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. 1. 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 9. Branch's July 31 daily cash receipts of $6,132 were placed in the bank's night depository on that cate but do not appear on the July 31 bank statement book Pri References Required: 1. Prepare the bank reconciliation for this company as of July 31 BRANCH COMPANY Bank Reconciliation July 31 Book balance Add Bank statement balance Add 9 Part 2 of 2 2 point Required information The following information applies to the questo displayed below) The following information is available to re Branch Company's book balance of cash with its bank statement cash balance as of July 31 a. On July 31, the company's Cosh account has a 525,417 debit balance, but its July bank statement shows a $28,331 cash balance b. Check Number 3031 for $1730, Check Numbet 2065 for $641, and Check Number 3069 for $2,498 are outstanding checks as of July 31. c. Check Number 3056 for July rent expense was correctly written and drawn for $1.230 but was erroneously entered in the accounting records as $1,220 d. The July bank statement shows the bank collected $5,000 cash on a note for Branch, Branch had not recorded this event before receiving the statement e. The bank statement shows on S805 NSF check. The check had beeh received from a customer, Evan Show. Branch has not yet recorded this check as NSF. . 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. Branchs July 31 daily cash receipts of $6132 were placed in the bank's right depository on that date but do not appear on the July 31 bank statement a Print References 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. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet

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