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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

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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 $1.014 and Number 5893 for $498. Check Number 5893 was still outstanding as of September 30. The following Information is available for its September 30 reconciliation Description Withdrawals Deposits $ 1,014 $ 773 $ 1,193 $ 1,837 $ 2,267 Date September 1 September 3 September 4 September 5 September 7 September 12 September 17 September 20 September 21 September 22 September 22 September 25 September 28 September 29 September 3e September 30 $ 674 $ 984 Check #5888 Check #5902 Cash deposit Check #5981 Cash deposit NSF check Check #5905 Cash deposit Check #5903 Check #5904 Cash deposit Check 85907 Check #5909 collected note Interest earned Balance $ 19,000 $ 17,986 $ 17,213 $ 18,406 $ 16,569 $ 18,836 $ 18,162 $ 17,178 $ 21,222 $ 20,886 $ 18,694 $ 21,892 $ 20,881 $ 19,015 $ 20,655 $ 20,674 $ 4,044 $ 416 $ 2,112 $ 2,398 $ 211 $ 1,866 $ 1,640 $ 19 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,193 September 12 2,267 September 21 4,044 September 25 2,398 September 30 1,760 11,662 Cash Payments Check Number Cash Credit 5901 1,832 5902 773 5903 416 5904 2,071 5905 984 5906 961 5907 211 5908 398 5909 1,866 9,489 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 12,488 29,150 9,489 R12 023 11,662 19,661 ormation Additional Information (a) Check Number 5904 is correctly drawn for $2,112 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 $2,071 (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 Required: 1. Prepare the September 30 bank reconciliation for this company CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add Bank statement balance Add 0 0 0 0 Deduct Deduct 0 0 Adjusted bank balance 5 o Adjusted book balance Journal entry worksheet Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits Date General Journal Debit Credit September 30 Record entry Clear entry View general journal ournal entry worksheet 1 3 4 5 6 > Record the entry related to interest earned, if required. Note: Enter debits before credits. Date General Journal Debit Credit September 30 Record entry Clear entry View general journal Journal entry worksheet Record the entry related to the note receivable collected, if required. Note: Enter debits before credits. Date General Journal Debit Credit September 30 Record entry Clear entry View general journal Journal entry worksheet > go Record the entry related to the error on check 5904, if required. Note: Enter debits before credits. Date General Journal Debit Credit September 30 Record entry Clear entry View general journal

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