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Required information (The following information applies to the questions displayed below] The following information is avallable to reconclle Branch Company's book balance of cash with ins bank statement cash balance as of July 31 . a. On July 31, the company's Cash account has a $24,771 debit balance, but its July bank statement shows a $26.560 cash balance. b. Check Number 3031 for $1,280, Check Number 3065 for $416, and Check Number 3069 for $2,048 are outstanding checks as or July 31 c. Check Number 3056 for July rent expense was correctly written and drawn for $1,270 but was erroneously entered In the accounting records as $1,260. 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 recelved 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 recelved. 9. Branch's July 31 dally cash recelpts of $6,132 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. 2. Prepare the journal entries necessary to make the company's book balance of cash equal to the reconcled cash baiance as of July 31. Note: If no entry is required for a transection/event, select "No journal entry required" In the first account fleid. Journal entry worksheet Note: Enter debits before credits

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