? Journal entry worksheet

Record the adjusting entry required, if any, related to the July $31$ ?cash

balance.

Note: Enter debits before credits.Required information

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$[$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 $31.$

On July $31,$ ?the company$$s Cash account has a $$25,595$ ?debit balance, but its July bank statement shows a $$27,881$ ?cash balance.

Check Number $3031$ ?for $$1,480,$ ?Check Number $3065$ ?for $$516,$ ?and Check Number $3069$ ?for $$2,248$ ?are outstanding checks as of July $31.$

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.$

The July bank statement shows the bank collected $$7,000$ ?cash on a note for Branch. Branch had not recorded this event before receiving the statement.

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$.$

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.

Branch$$s July $31$ ?daily cash receipts of $$8,132$ ?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 reconciled cash balance as of July $31.$

Note: If no entry is required for a transaction$/$event$,$ ?select $"$No journal entry required" in the first account field.