* Chavez Company most recently reconciled its bank statement and book balances of Cash on August 31 st and it reported 2 checks outstanding No. 6888 for $1028. OS and No. 6893 for $494.25. The following information is availible for its September 30, 2012. Seconsiliation From the Sept 30 Bank statement Previous Balance 16,800.45 Total Checks & Debits 9,620.05 Total Deposits & Credits 11,272.85 Current Balance 18.453 25 From Chavez company's Accounting Records 2 cash Receipts I Deposited Cash Dose Date Debit Sept. 5 1.103.75 2,226.90 214,093.00 25 2,351. 70 1,68 2. 75 1,458.10 Credit Date Cash Explanation / PR / Debit Aug 31 Balance Seet 36 Total Receipts R12 14,458.10 30 Total dis busements D239,332.05 1 Acct No lol Bad Balance 15.228.15 26, 736. 25 12,404.20 Cash Disbursements Check No. I Cash Credit 5901 1824.25 5962 219.90 5963 399.10 5904 206000 5905 437.00 5906 982.30 213. 85 5968 388.09 5909 1807. 65 933205 5907 Aditional Information: 1. Check No. 5904 is correctly drawn for $2090 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 $2060. The NSF check shown in the Statement was originally received from a Custoner, s. Nilson, in payment of her account. Its return has not yet been recorded by the company. Than credit morerandum is from the collection of a $1500 note for Chavez Company by the bank. The bank deducted a $15 collection fee. The collection and fee are not yet recorded. for this company. 1.) Prepare the September 30, 2017, bant reconciliation (round answers 2. decimals) Chavevez Company Bank Reconciliation September 30, 2012 Book Balance - Add: Statement Balance Bank Add: 0.00 0.00 0.00 Deduct: Deduct: 0.00 0.00 Adjusted Trial Balance 10.00 Adjusted Book 0.00 Balance 2. Prepare the journal entrer to adjust the book balance of Cash to the reconciled balance. bbbb (If no entry is required for a transaction, select "No journal entry required in the first account field. Round your answers 2 decimal places) (1.) Record the entry related to the Sept. 30 deposit General Date Sept 20 Journal Debit Credit 2.) Record the entry related to interest eared General Journal Debit Credit Dute Sept 30 to the note receivable and 3. the Record the collection entry related fee G.J Deb Credit Sept 30 4. Record entry related Date 1 Gen. Journal / Sept 30 to outstanding checks Debit | Credit 5.) Record the entry related to the NSF check Gen Journal | Debit | Credit Date Sept 301 6.) Record the entry related to the error on chuck 8904 Generalt Journal / Date Sept 30 Debit | Credit Options for General Jounal No journal Kentant required Accts. Payaple 1. Aucts Receivable - S. Nilson . Advert. Expense Cash 1. Cash short & over Collection exponse Computer equip. 1. Delivery Expense Discount Lost Interest earned Janitorial expenses Merchandise inventory mestasi M edische Milenge expense Notes receivable Office Supplies expense Petty cash 1. Postage expense printing expense vent expense repairs expense - computers utilities expense
