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 $1030 and Number 5893 for $492. 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 $ 19,500 September 3 Check #5888 $ 1,030 $ 17,470 September 4 Check #5902 $ 735 $ 16,735 September 5 Cash deposit $ 1,168 $ 17,903 September 7 Check #5901 $ 1,861 $ 16,042 September 12 Cash deposit $ 2,256 $ 18,298 September 17 NSF check $ 614 $ 17,684 September 20 Check #5905 $ 915 $ 16,769 September 21 Cash deposit $ 4,066 $ 20,835 September 22 Check #5903 $ 385 $ 20,450 September 22 Check #5904 $ 2,131 $ 18,319 September 25 Cash deposit $ 2,329 $ 20,648 September 28 Check #5907 $ 264 $ 20,384 September 29 Check *5909 $ 1,896 $ 18,488 September 30 Collected note $ 1,630 $ 20,118 September 30 Interest earned $ 20 $ 20,238 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,168 September 12 2,256 September 21 September 25 2.329 September 30 1,658 11,477 Cash Payments Check Number Cash Credit 5901 1,861 5902 735 5903 385 5904 2,093 5905 915 5906 1,019 5907 264 5908 396 5909 1,896 9,564 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 16,970 28,455 9,564 18,891 R12 623 11.477 PR Debit Cash Date Explanation August 31 Balance September 30 Total receipts September 30 Total payments Account Number 101 Credit Balance 16.978 28,455 9,564 18,891 R12 D23 11,477 Additional Information ta) Check Number 5904 is correctly drawn for $2,131 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 $2,093 (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 Adjusted bank balance $ 0 0 Adjusted book balance $ 0 Additional Information (a) Check Number 5904 is correctly drawn for $2,131 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 $2,093. (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 2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 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 (c) The collection of the note on September 30 is not yet rec 2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 > Record the entry related to interest earned, if required. Note: Enter debits before credits Date September 30 General Journal Debit Credit Record entry Clear entry View general Journal Additional Information (a) Check Number 5904 is correctly drawn for $2.131 to pay for computer equipment however, the recordki the amount and entered it in the accounting records with a debt to Computer Equipment and a credit to $2,093. (b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in paymento 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. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required fo nsaction/event, select "No journal entry required" in the first account field.) View transaction list 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 Additional Information (a) Check Number 5904 is correctly drawn for $2,131 to pay for computer equipment; however, the recordkeeper mil the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Casho $2,093 (b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her aco 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. 2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 3 > Record the entry related to the outstanding checks, if required. Note: Enter debits before credits General Journal Debit Credit Date September 30 Record entry Clear entry View general Journal Additional Information (a) Check Number 5904 is correctly drawn for $2,131 to pay for computer equipment; however, the recordkee the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to C $2,093. (b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of h 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. 2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry related to the NSF check, if required. Note: Enter debits before credits. Date General Journal Debit Credit September 30 Record entry Clear entry View general Journal a Additional Information (a) Check Number 5904 is correctly drawn for $2,131 to pay for computer equipment; however, the recordkeeper mis the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,093. (b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her acc 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. 2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet