05 Problem {2 EC points] 3 m lli References M( Graw Hill Required information (The following infon'nIafion 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 ofJuly 31. a. On July 31, the oompany's Cash account has a $27,497 debit balance. but its July bank statement shows a $21233 cash balance. b. Check No. 3031 for $1,482, Check No. 3065 for $332, and Check No. 3069 for $2,231 are outstanding checks as of July 31. c. Check No. 3056 for July rent expense was correctly written and drawn for $1,270 but was erroneously entered in the accounting records as $1,250. d. The July bank statement shows the bank collected $7,955 cash on a note for Branch. Branch had not recorded this event before receiving the statement. e. The bank statement shows an $305 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 $25 hank service charge. It has not yet been recorded in miscellaneous expenses because no previous notication had been received. 9. Branch's July 31 daily cash receipts of $11.5\" were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Help Req uired: 1. Prepare the bank reconciliation for this company as of July 31. Bank statement balance Book balance l Add- Add- | Save 8 Exit Submit