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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, No. 5888 for

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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, No. 5888 for $1.036 and No. 5893 for $500. Check No. 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. From the September 30 Bank Statement PREVIOUS BALANCE 20,000 TOTAL CHECKS AND DEBITS 9,884 TOTAL DEPOSITS AND CREDITS 11,722 CURRENT BALANCE 21,918 CHECKS AND DEBITS Date No. Amount 09/03 5888 09/04 5902 751 09/07 5901 1,803 09/12 658 NSF 09/20 5905 950 09/22 5903 402 09/22 5904 2,076 09/28 5902 258 09/29 5909 1,870 DEPOSITS AND CREDITS Date Amount 09/05 1,130 09/12 2,245 09/21 4,367 09/25 09/30 16 IN 09/30 1,600 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,130 12 2,245 21 4,367 2,364 30 1,772 11,878 25 ces Cash Payments Cash Check No. Credit 5901 1,803 5902 751 5903 402 5904 2,036 5905 950 5906 1,001 5907 258 5908 436 5909 1,870 9,507 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 18,464 30,342 20,835 R12 023 11,878 9,507 Additional Information (a) Check No. 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 $2,036 (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 credt memorandum (CM) is from the collection of a $1.600 note for Chavez Company by the bank. The collection is not yet recorded Required: 1. Prepare the September 30 bank reconciliation for this company CHAVE COMPANY 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 Adjustod bank balance 0 0 Adjusted book balance $

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