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Note: If no entry is required for a transaction/event, select No journal entry required in the first account field. Journal entry worksheet Record the entry

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Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the entry related to the note receivable and the collection, if required. Note: Enter debits before credits. Required: 1. Prepare the September 30 bank reconciliation for this company. Journal entry worksheet From Chavez Company's Accounting Records Additional Information Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 6 Record the entry related to the outstanding checks, if required. Note: Enter debits before credits. Required information Problem 6-5A (Algo) Preparing a bank reconciliation and recording adjustments LO P3 [The following information applies to the questions displayed 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 $1,002 and Number 5893 for $495. Check Number 5893 was still outstanding as of September 30 . The following information is available for its September 30 reconciliation. From the September 30 Bank Statement From Chavez Company's Accounting Records 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 3456 Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits. (a) Check Number 5904 is correctly drawn for $2,111 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 $2,072. (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 $1,510 note for Chavez Company by the bank. The collection is not yet recorded. Problem 6-5A (Algo) Part 1 Required: 1. Prepare the September 30 bank reconciliation for this company. Journal entry worksheet Record the entry related to the error on check 5904, if required. Note: Enter debits before credits. 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

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