Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks outstanding, No. 5888 for $1,002 and No. 5893 for $503. Check No. 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. Part 2 of 2 From the September 30 Bank Statement 12.5 Joints PREVIOUS BALANCE 18,500 TOTAL CHECKS AND DEBITS 9,755 TOTAL DEPOSITS AND CREDITS 11,816 CURRENT BALANCE 20,561 Skipped eBook DEPOSITS AND CHECKS AND DEBITS CREDITS Date No. Amount Date Amount 09/03 5888 1,002 09/05 1,186 09/04 5902 754 09/12 2,233 09/075901 1,809 09/21 4,327 09/17 637 NSF 09/25 2,400 09/20 5905 988 09/30 20 IN 09/22 5903 09/30 1,650 CM 09/22 5904 2,055 09/28 5907 211 09/295909 1,870 Print Reference From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,186 2,233 4,327 2,400 30 1,737 11,883 12 Cash Payments Check Cash No. Credit 5901 1,809 5902 754 5903 429 5904 2,018 5905 988 5906 995 5907 5908 433 5909 9,507 211 1,870 Cash Date Explanation Aug. i Balance PR Debit Acct. No. 101 Credit Balance 16,995 Sept: Total receipts R12 11,883 30 Total payments D23 28,878 19,371 9,507 Additional Information (a) Check No. 5904 is correctly drawn for $2,055 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 $2,018. (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 credit memorandum (CM) is from the collection of a $1,650 note for Chavez Company by the bank. The collection is not yet recorded. Cash Acct. No. 101 Date Explanation PR Debit Credit Balance Aug. 16,995 Sept. mot i Total receipts R12 11,883 28,878 30 Total payments D23 9,507 19,371 31 Balance Additional Information (a) Check No. 5904 is correctly drawn for $2,055 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 $2,018. (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 credit memorandum (CM) is from the collection of a $1,650 note for Chavez Company by the bank. The collection is not yet recorded. repare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required fo saction/event, select "No journal entry required" in the first account field.) ew transaction list Journal entry worksheet
