Required information Problem 6-4A (Algo) Preparing a bank reconciliation and recording entries LO P3 [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 $24.839 debit balance, but its July bank statement shows a $27,225 cash balance. b. Check Number 3031 for $1,520, Check Number 3065 for $536, and Check Number 3069 for $2,288 are outstanding checks as of July 31. c. Check Number 3056 for July rent expense was correctly written and drawn for $1,220 but was erroneously entered in the accounting records as $1,210. d. The July bank statement shows the bank collected $7,000 cash on a note for Branch, Branch had not recorded this event before recelving 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 \$11 bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notification had been recelved. 9. 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. Problem 6.4A (Algo) Part 1 Required: 1. Prepare the bank reconciliation for this company as of July 31