Required information Problem 84A Preparing a bank reconciliation and recording adjustments 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. . On July 31, the company's Cash account has a $24,837 debit balance, but its July bank statement shows a $26,799 cash balance. Check No. 3031 for $1,350, Check No. 3065 for $451, and Check No. 3069 for $2,118 are outstanding checks as of July 31. Check No. 3056 for July rent expense was correctly written and drawn for $1,290 but was erroneously entered in the accounting records as $1,280. d. The July bank statement shows the bank collected $6,500 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 $10 bank service charge. It has not yet been recorded in miscellaneous expenses because no previous notication had been received. . Branch's July 31 daily cash receipts of $7,632 were placed in the bank's night depository on that date but do not appear on the July 31 bank statement. Problem 8-4A Part1 Required: 1. Prepare the bank reconciliation for this company as of July 31. Bank statement balance Book balance Ad U in n. i: 9.. Adjusted bank balance Adjusted book balance