Bank Reconciliation

Principles of Accounting I

Instructor: Terri Gardner

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 $$1,038$ and Number $5893$ for $$509.$ Check

Number $5893$ was still outstanding as of September $30.$ The following information is available for its

September $30$ reconciliation.

Date Description Withdrawals Deposits Balance

$1-$Sep $$17,500$

$3-$Sep Check #$5888$ $$1,038$ $$16,462$

$4-$Sep Check #$5902$ $$759$ $$15,703$

$5-$Sep Cash deposit $$1,174$ $$16,877$

$7-$Sep Check #$5901$ $$1,862$ $$15,015$

$12-$Sep Cash deposit $$2,279$ $$17,294$

$17-$Sep NSF check $$684$ $$16,610$

$20-$Sep Check #$5905$ $$997$ $$15,613$

$21-$Sep Cash deposit $$4,230$ $$19,843$

$22-$Sep Check #$5903$ $$415$ $$19,428$

$22-$Sep Check #$5904$ $$2,137$ $$17,291$

$25-$Sep Cash deposit $$2,370$ $$19,661$

$28-$Sep Check #$5907$ $$228$ $$19,433$

$29-$Sep Check #$5909$ $$1,878$ $$17,555$

$30-$Sep

Collected

note $$1,680$ $$19,235$

$30-$Sep

Interest

earned $$15$ $$19,250$