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 $1.005 And Number 5893 For $520. Check Number 5893 Was Still Outstanding As Of September 30. The Following Information Is Available For Its September 30 Reconciliation Description Deposits Withdrawals $

 

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 $1,005 and Number 5893 for $520 Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation, Deposits $ Balance 19,500 $ 18,495 $ 37,759 $18,895 $ 17,007 $19,247 $ 18,575 Date September 1 Description Withdrawals September Check #5888 September 4 Check #6902 5-1,005 $736 $ 3,136 5.1,888 $ 2,240 $ 672 5.993 $ 17,582 $ 4,146 $ 21,728 $-415 $2,076 $ 21,313 $ 19,237 $ 2,382 $ 21,619 $247 $ 21,372 Check #5909 $ 1,877 September 38 Collected note. September 38 Interest earned $1,700 5 20 $19,495 $21,195 $ 23,215 September S September 7 September 12 September 17 September 20 September 21 September 22 September 22 September 25 September 28 September 29 Cash deposit Check #5901 Cash deposit NSF check Check a5985 Cash deposit Check 45903 Check #5904 Cash deposit Check #5907 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September S 1,136 September 12 2,240 September 21 4,145 September 25 2,382 September 38 1,732 11,636 Cash Payments Check Number Cash Credit 6981 1,888 5902 736 5903 425 5904 2,037 5905 993 5906 989 5507 247 5588 418 5909 1,877 9,600 Date August 31 Cash Explanation Balance PR Debit Account Number 101 Credit Balance 17,975 September 38 Total receipts September 30 Total payments 912 023 21,636 29,611 9,600 20,011 Additional Information (a) Check Number 5904 is correctly drawn for $2,076 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 $2,037. (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.