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Ch 6-Homework 7 Part 2 of 2 5 points 03:07:04 eBook Print References Mc Required information [The following information applies to the questions displayed below.] 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 $25,694 debit balance, but its July bank statement shows a $27,105 cash balance. View transaction list Journal entry worksheet b. Check Number 3031 for $1,130, Check Number 3065 for $341, and Check Number 3069 for $1,898 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 $7,500 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 $11 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 $8,632 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. 1 Prepare the journal entries necessary to make the company's book balance of cash equal to the reconciled cash alance as of July 31. ote: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. 2 Transaction a. Note: Enter debits before credits. 3 Saved Record entry 4 5 Record the adjusting entry required, if any, related to the July 31 cash balance. General Journal Clear entry 6 7 Help Debit www Save & Exit Credit View general journal Next Submit Check my work

Required information TThe following information applies to the questions displisyed below] The following information is available to reconcile Branch Company/s book balance of cash with as back statement cash balance as of July 31 a. On July 3t, the company's Cash arcount thas a $25.694 debut balance, but its July bank statement shows a $27,105 cash balance b. Check Number 3031 for $1,130, Check Number 3065 for $341, and Check Number 3069 for $1,898 are outstanding checks as of July 31 c. Check Number 3056 for July rent expense was contectly writen and drawn for $1,250 but was etroneousty entered in the accounting records as $1,240 d. The hily bank statement shows the bank collected $7,500 cash on a note for Branch. Hranch had not recorded this event before receiving the statement. e. The bank statement shows an $805 N5F check. The check had been teceived from o cullomec, Evan Straw Branch has not yet recorded this check as NSF t. The July statemeot shows a \$t bank service chaige it has not yet been recorded in. miscellancous expenses because no previous notification had been received 9. Branch's July 31 dally cash receipts of $8.632 were placed in the bank's night depository on that date but do not appear on the hily 3 bank statemem. Prepare the fournal entres necesury to make the company/s book botance of cash equal to the reconciled cash dance as of Jily 31 . te: If ne entry is required for a transaction/event, select "No journal entry required" in the first account field, Journal entry worksheet 234567 Becord the adjusting entry required, if amy, related to the suly 31 cash balence. hive trapr debis sefore wedich. The following information is avaliable 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 $25,694 debit balance, but its July bank statement shows a $27,105 cash balance. b. Check Number 3031 for $1,130, Check Number 3065 for $341, and Check Number 3069 for $1,898 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 $7,500 cash on a note for Branch. Branch had hot 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 shows a $11 bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notification had been recelved. 9. Branch's July 31 dally cash receipts of $8,632 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Trepare the joumal entries necessary to make the company's book balance of cash equal to the reco ance as of July 31. te: If no entry is required for a transaction/event, select "No journal entry required" in the first acc Journal entry worksheet 67 Record the adjusting entry required, if any, related to Check Number 3056. Note: Enter debits before credits. Journal entry worksheet 4567 Record the adjusting entry required, if any, related to the outstanding checks. Note: Enter debits before credits. repare the purnal entries necessary to make the compumps bos baliance of cash equal to the moe os of Aly 34 se: It no entry is reguired for a transhetionifvect, select "Wo jeurnal entry required" in the firt Journal entry worksheet Record the adjusting entry required, if any, related to bank service charges. Wute Loter detita sefore creses. Journal entry worksheet Fecord the adfusting entry tequired, if am, neated to the wis shece. that date but do not appear on the Juy 31 bank statement. Yepare the joumal entries necessacy to make the compamys book bulance of cash eque? shce as of July 3t ance as of nuly 34 . Journal entry worksheet Recond the adjusting entry required, if any, related to the 3uly 31 deposit. Whe: fotter steeta before crests. Yepse the joumalentries necessacy to make the company's book bolince of cash ecuar to the ance as of 3 in 31 . Journal entry worksheet Record the adjusting entry raquired, if any, for the collectaph of the note by bank for Branck

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