2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Required information The following information applies to the questions displayed below) 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 $1.075 and Number 5893 for $482. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation Date Description Withdrawals Deposits September 1 September 3 Check #5888 $ 1,075 September 4 Check #5902 $ 745 September 5 Cash deposit $ 1,178 September 7 Check #5901 $ 1,814 September 12 Cash deposit $ 2,233 September 17 NSF check $ 640 September 20 Check #5905 $ 922 September 21 Cash deposit $ 4,205 September 22 Check #5903 $ 377 September 22 Check #5994 $ 2,065 September 25 Cash deposit $ 2,313 September 28 Check #5907 $ 217 September 29 Check #5909 $ 1,898 September 30 Collected note $ 1,550 September 30 Interest earned $ 17 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,178 September 12 2,233 September 21 4,285 September 25 2,313 September 30 1,675 11,604 Balance $ 17,500 $ 16,425 $ 15,680 $ 16,858 $ 15,044 $ 17,277 $ 16, 637 $ 15,715 $ 19,920 $ 19,543 $ 17,478 $ 19,791 $ 19,574 $ 17,676 $ 19, 226 $ 19,243 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,178 September 12 2,233 September 21 4,205 September 25 2,313 September 30 1,675 11,604 Cash Payments Check Number Cash Credit 5901 1,814 5902 745 5903 377 5904 2,028 5905 922 5906 998 5907 217 5908 405 5909 1,898 9,404 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 15,943 27,547 9,484 18,143 R12 D23 11,604 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 $2,028 (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