1. Prepare the September 30 bank reconciliation for this company.

Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks outstanding, Number 5888 for $1,017 and Number 5893 for $494. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation.

From Chavez Companys Accounting Records

Additional Information

(a) Check Number 5904 is correctly drawn for $2,065 to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,025.

(b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her account. Its return has not yet been recorded by the company.

(c) The collection of the note on September 30 is not yet recorded by the company.

\begin{tabular}{|c|c|c|c|c|} \hline Date & Description & Withdrawals & Deposits & Balance \\ \hline September 1 & & & & $17,000 \\ \hline September 3 & Check \#5888 & $1,017 & & $15,983 \\ \hline September 4 & Check \#5902 & $776 & & $15,207 \\ \hline September 5 & Cash deposit & & $1,192 & $16,399 \\ \hline September 7 & Check \#5901 & $1,832 & & $14,567 \\ \hline September 12 & Cash deposit & & $2,252 & $16,819 \\ \hline September 17 & NSF check & $627 & & $16,192 \\ \hline September 20 & Check \#5905 & $964 & & $15,228 \\ \hline September 21 & Cash deposit & & $4,290 & $19,518 \\ \hline September 22 & Check \#5903 & $407 & & $19,111 \\ \hline September 22 & Check \#5904 & $2,065 & & $17,046 \\ \hline September 25 & Cash deposit & & $2,319 & $19,365 \\ \hline September 28 & Check \#5907 & $242 & & $19,123 \\ \hline September 29 & Check \#5909 & $1,883 & & $17,240 \\ \hline September 30 & Collected note & & $1,680 & $18,920 \\ \hline September 30 & Interest earned & & $18 & $18,938 \\ \hline \end{tabular} \begin{tabular}{cc} Cash Receipts & Deposited \\ Date & \begin{tabular}{c} Cash Debit \\ September 5 \end{tabular} \\ September 12 & 2,192 \\ September 21 & 4,292 \\ September 25 & 2,319 \\ September 30 & 1,662 \\ \cline { 2 - 2 } & 11,715 \\ \hline \hline \end{tabular} \begin{tabular}{|cr|} \hline \multicolumn{2}{|c|}{ Cash Payments } \\ Check Number & Cash Credit \\ 5901 & 1,832 \\ 5902 & 776 \\ 5903 & 407 \\ 5904 & 2,025 \\ 5905 & 964 \\ 5906 & 977 \\ 5907 & 242 \\ 5908 & 389 \\ 5909 & 1,883 \\ \cline { 2 - 2 } & 9,495 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|} \hline Date & \begin{tabular}{c} Cash \\ Explanation \end{tabular} & PR & Debit & \begin{tabular}{l} Account \\ Credit \end{tabular} & \begin{tabular}{c} Number 101 \\ Balance \end{tabular} \\ \hline August 31 & Balance & & & & 15,489 \\ \hline September 30 & Total receipts & R12 & 11,715 & & 27,204 \\ \hline September 30 & Total payments & D23 & & 9,495 & 17,709 \\ \hline \end{tabular}