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 $$1,073$ and Number $5893$ for $$494.$ 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

September $1$ $ $18,000$

September $3$ Check #$5888$ $ $1,073$ $ $16,927$

September $4$ Check #$5902$ $ $777$ $ $16,150$

September $5$ Cash deposit $ $1,148$ $ $17,298$

September $7$ Check #$5901$ $ $1,864$ $ $15,434$

September $12$ Cash deposit $ $2,300$ $ $17,734$

September $17$ NSF check $ $644$ $ $17,090$

September $20$ Check #$5905$ $ $991$ $ $16,099$

September $21$ Cash deposit $ $4,311$ $ $20,410$

September $22$ Check #$5903$ $ $413$ $ $19,997$

September $22$ Check #$5904$ $ $2,134$ $ $17,863$

September $25$ Cash deposit $ $2,305$ $ $20,168$

September $28$ Check #$5907$ $ $244$ $ $19,924$

September $29$ Check #$5909$ $ $1,854$ $ $18,070$

September $30$ Collected note $ $1,550$ $ $19,620$

September $30$ Interest earned $ $21$ $ $19,641$

From Chavez Company$$s Accounting Records

Cash Receipts Deposited

Date Cash Debit

September $51,148$

September $122,300$

September $214,311$

September $252,305$

September $301,714$

$11,778$

Cash Payments

Check Number Cash Credit

$59011,864$

$5902777$

$5903413$

$59042,091$

$5905991$

$5906980$

$5907244$

$5908386$

$59091,854$

$9,600$

Cash Account Number $101$

Date Explanation PR Debit Credit Balance

August $31$ Balance $16,433$

September $30$ Total receipts R$1211,77828,211$

September $30$ Total payments D$239,60018,611$

Additional Information

$($a$)$ Check Number $5904$ is correctly drawn for $$2,134$ to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $$2,091.$

$($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.

Problem $8-5$A $($Algo$)$ Part $1$

Required:

$1.$ Prepare the September $30$ bank reconciliation for this company.