lovely accounting questions

(a) Check Number 5904 is correctly drawn for \$2,060 to pay for computer equipment, however, the recordkeeper misreod the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of \$2,021. (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 credit memorandum (CM) is from the collection of a $1,610 note for Chavez Company by the bank. The collection is notyet recorded Problem 6-5A (Algo) Part 1 Required: 1. Prepare the September 30 bank reconciliation for this company Problem 6.5A (Algo) Preparing a benk reconciliation and recording adjustments LO P3 [The following information opplies to the questions dispiayed below] 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 $1,051 and Number 5893 for $502. Check Number 5893 was still outstanding as of September 30 . The following information is avaliable for its September 30 reconciliation. From the September 30 Bank Statement PREVIOUS BALANE TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CEEOIS CURRENT BALANCE 11,911 28,484 From Chavez Company's Accounting Records (a) Check Number 5904 is correctly drawn for \$2,060 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 \$2,021. (b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her account. its retum has not yet been recorded by the company. (c) The credit memorandum (CM) is from the collection of a $1,610 note for Chavez Company by the bank. The collection is not yet recorded Problem 6.5A (Algo) Part 2 2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 23456 Record the entry related to the September 30 deposit, if required. Nota: Enter bebts before credis