The following information is available to reconcile BranchCompany’s book balance of cash with its bank statement cash balanceas of July 31.
2. Prepare the journal entries necessaryto make the company’s book balance of cash equal to the reconciledcash balance as of July 31. (If no entry is requiredfor a transaction/event, select "No journal entry required" in thefirst account field.)
- Question 7 The Following Information Is Available To Reconcile Branch Company S Book Balance Of Cash With Its Bank State 1 (16.6 KiB) Viewed 32 times
1 2 3 Transaction b. Record the adjusting entry required, if any, related to the outstanding checks. Note: Enter debits before credits. 4 5 6 7 General Journal Debit Credit
< 1 2 3 Record the adjusting entry required, if any, related to Check Number 3056. Note: Enter debits before credits. Transaction C. 4 5 6 7 General Journal Debit Credit
< 1 2 3 Note: Enter debits before credits. 4 Record the adjusting entry required, if any, for the collection of the note by bank for Branch. Transaction d. 5 6 7 General Journal Debit Credit
< 1 2 3 Note: Enter debits before credits. Transaction 4 e. LO Record the adjusting entry required, if any, related to the NSF check. 5 6 7 General Journal Debit Credit
< 1 2 3 Note: Enter debits before credits. 4 5 Transaction f. Record the adjusting entry required, if any, related to bank service charges. 6 General Journal 7 Debit Credit
< 1 2 3 Note: Enter debits before credits. 4 5 6 Record the adjusting entry required, if any, related to the July 31 deposit. Transaction g. 7 General Journal Debit Credit