Required information

Problem $6-4$A $($Static$)$ Preparing a bonk reconciliation and recording entries LO P$3$

$[$The followitg tufomunon applies to the quesnons cispifyed below.$]$

The following informatoun is avaloble to reconcle Branch Compory's book balance of cash with its bark statement cosh belance as of July $31$

a$.$ On Jly $31,$ the compary's Cash accounc has a $$27,497$ debit balarice, but fia July bank statement shows a $$27,233$ cash bolance.

b$.$ Check Number $3031$ for $$1,482.$ Check Number $3065$ for $$382.$ and Check Number $3069$ for $$2\mathrm{.}281$ are outstonding checks os of Juhy $31$

c$.$ Check Number $3055$ for Juty rent expente was carrectly wrimen and drawn for $$1270$ but was erroneously entered in the accounting records a$5$ $$1,250.$

d$.$ The July bank statement shows the bank colected $$7,955$ cash on a note for Branch. Eranch had not recanded this ewent before recelving the stanement

e$.$ The bank stetement shows an $$805$ NSF check. The check had been receivec, trom a customer, Evan Shaw. Branch has noc yet recorded this check as NSF$.$

f$.$ The July statemene shows a $$25$ bank service charge. It has not yet been recorded in miscollaneous expenses because no previous natificatian had been receved.

$9.$ Branch's July $31$ daly cash receipts of $$11\mathrm{.}514$ were placed in the bank's night depository on that date but do noc apperar on the July $31$ bank statement.

Fequiredt

f$.$ Prepare the bark roconcilgoion for this ca$-$pirty ats of July $31$

Adpitod bork balance

Deduet:

Ad uneted book balincon

Prey

$7$

$8$

of $10$

Nent

Exercise $6-10($Static$)$ Petty cash fund accounting LO P$2$ unvs the perpetall system in accouming for merchandise invembory.

Prepare the entry to eariablish the fund on danuary $1.$

Prepere the entry to remburse the fund ont Jarusry $15$ under two pepawire situstions:

a$.$ To reimburne the fund

b To reimburge the fund and increase it $005450$ Mive Make Two ertes.