A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation. (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.) 1.A note receivable is collected by the bank for the company, but it is not yet recorded by the company. 2. Checks outstanding on August 31 that cleared the bank in September. 3. The company hired a new treasurer. 4. Check written against the company's account and cleared by the bank erroneously not recorded by the company's recordkeeper. 5. The company had outstanding checks to employees on September 30. 6. The bank received an electronic funds transfer (EFT) and deposited the amount in the company's account on September 30. The company has not yet recorded this EFT. 7. Bank service charge for September is not yet recorded by the company. 8. Night deposit made on September 30 after the bank closed. 9. Deposits in transit as of September 30 were not recorded by the bank until October 3. 10. Interest was earned by the company on the cash balance it had with the bank. The company has not yet recorded this interest. 11. Outstanding checks to suppliers existed at the end of September. 12. The bank collected a note receivable on September 29. The company has not yet recorded the receipt of the cash. 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 $25,357 debit balance, but its July bank statement shows a $26,490 cash balance. b. Check Number 3031 for $1,020, Check Number 3065 for $286, and Check Number 3069 for $1,788 are outstanding checks as ofJuIy 31. c. Check Number 3056 for July rent expense was correctly written and drawn for $1,280 but was erroneously entered in the accounting records as $1,270. (1. The July bank statement shows the bank collected $9,000 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. f. The July statement shows a $14 bank 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 $10,132 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Required: 1. Prepare the bank reconciliation for this company as of July 31. Required: 1. Prepare the bank reconciliation for this company as of July 31. BRANCH COMPANY Bank Reconciliation July 31 Bank statement balance Book balance Add: Add: O 0 0 Deduct: Deduct: 0 0 Adjusted bank balance $ 0 Adjusted book balance $ 0o Req uired 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 $25,357 debit balance, but its July bank statement shows a $26,490 cash balance. b. Check Number 3031 for $1,020, Check Number 3065 for $286, and Check Number 3069 for $1,788 are outstanding checks as of July 31. c. Check Number 3056 for July rent expense was correctly written and drawn for $1,280 but was erroneously entered in the accounting records as $1,270. d. The July bank statement shows the bank collected $9,000 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. f. The July statement shows a $14 bank 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 $10,132 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. \\ .A 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 "Nojournal entry required" in the first account field.) 2. Prepare the journal entries necessary to make the company's book balance of cash equal to the reconciled cash balan 31. (If no entry is required for a transaction/event, select "Nojournal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry required, if any, related to the July 31 cash balance. Note: Enter debits before credits. Record entry Clear entry View general journal