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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

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 $1,061 and Number 5893 for $491. 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 $ 17,000
September 3 Check #5888 $ 1,061 $ 15,939
September 4 Check #5902 $ 717 $ 15,222
September 5 Cash deposit $ 1,117 $ 16,339
September 7 Check #5901 $ 1,862 $ 14,477
September 12 Cash deposit $ 2,281 $ 16,758
September 17 NSF check $ 637 $ 16,121
September 20 Check #5905 $ 960 $ 15,161
September 21 Cash deposit $ 4,249 $ 19,410
September 22 Check #5903 $ 446 $ 18,964
September 22 Check #5904 $ 2,053 $ 16,911
September 25 Cash deposit $ 2,337 $ 19,248
September 28 Check #5907 $ 228 $ 19,020
September 29 Check #5909 $ 1,887 $ 17,133
September 30 Collected note $ 1,630 $ 18,763
September 30 Interest earned $ 16 $ 18,779

From Chavez Companys Accounting Records

Cash Receipts Deposited
Date Cash Debit
September 5 1,117
September 12 2,281
September 21 4,249
September 25 2,337
September 30 1,673
11,657
Cash Payments
Check Number Cash Credit
5901 1,862
5902 717
5903 446
5904 2,008
5905 960
5906 1,036
5907 228
5908 400
5909 1,887
9,544
Cash Account Number 101
Date Explanation PR Debit Credit Balance
August 31 Balance 15,448
September 30 Total receipts R12 11,657 27,105
September 30 Total payments D23 9,544 17,561

Additional Information

(a) Check Number 5904 is correctly drawn for $2,053 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 $2,008.

(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.

  1. Prepare the September 30 bank reconciliation for this company. AND Journal entiers
  2. record entry related to september 30 deposit, if required
  3. record entry realted to interest earned if required
  4. record entry related to the notes receivable collected if required
  5. record the entry related to the outstanding checks, if required
  6. record entry related to NSF check, if required
  7. record entry related to the error on check 5904, if required image text in transcribed
Required: 1. Prepare the September 30 bank reconciliation for this company

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