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Onoare Pinterest work EX6-3,12; PR 6-5A; FSA 6-2 Saved Hei [The following information applies to the questions displayed below.) Chavez Company most recently reconciled its

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Onoare Pinterest work EX6-3,12; PR 6-5A; FSA 6-2 Saved Hei [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, No. 5888 for $1,082 and No. 5893 for $512. The following information is available for its September 30 reconciliation From the September 30 Bank Statement PREVIOUS BALANCE 19,000 TOTAL CHECKS AND DEBITS 9,960 TOTAL DEPOSITS AND CREDITS 11,560 CURRENT BALANCE 20,600 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,082 09/04 5902 745 09/07 5901 1,856 09/17 639 NSP 09/20 5905 983 09/22 5903 438 09/22 5904 2,073 09/28 5907 272 09/29 5909 1,872 DEPOSITS AND CREDITS Date Amount 09/05 1,168 09/12 2,241 09/21 4,198 09/25 2,370 09/30 21 IN 09/30 1,562 CM From Chavez Company's Accounting Records Cash Receipts Deponited Cash Date Debit Sept. 5 1,168 12 2,241 21 4,198 25 2,370 30 1,748 11,725 GB 1 2. & Prov of 5 Next > Cash Disbursements Cash Check No. Credit 5901 1,856 5902 745 5903 438 5904 2,030 5905 983 5906 993 5907 272 5908 361 5909 1,872 9,550 PR Debit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total disbursements Acct. No. 101 Credit Balance 17,406 29, 131 9,550 19,581 11,725 R12 D23 Additional Information Check No. 5904 is correctly drawn for $2,073 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 $2,030. 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. The credit memorandum (CM) is from the collection of a $1,580 note for Chavez Company by the bank. The bank deducted a $18 collection expense. The collection and expense are not yet recorded. Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: Bank statement balance Add: es Deduct: Deduct: Adjusted bank balance Adjusted book balance

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