Problem $6-5$A $($Algo$)$ Preparing a bank reconciliation and recording entries LO P$3$

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$[$The following information applies to the questions displayed below.$]2.$ Prepare$2.$ Prepare journal entries to adjust the book balance of cash to the reconciled balance.

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 $$1,058$ and Number $5893$ for $$487.$ 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 #$5888$ $ $1,058$ $ $15,942$

September $4$ Check #$5902$ $ $767$ $ $15,175$

September $5$ Cash deposit $ $1,157$ $ $16,332$

September $7$ Check #$5901$ $ $1,818$ $ $14,514$

September $12$ Cash deposit $ $2,292$ $ $16,806$

September $17$ NSF check $ $615$ $ $16,191$

September $20$ Check #$5905$ $ $972$ $ $15,219$

September $21$ Cash deposit $ $4,019$ $ $19,238$

September $22$ Check #$5903$ $ $359$ $ $18,879$

September $22$ Check #$5904$ $ $2,149$ $ $16,730$

September $25$ Cash deposit $ $2,312$ $ $19,042$

September $28$ Check #$5907$ $ $223$ $ $18,819$

September $29$ Check #$5909$ $ $1,866$ $ $16,953$

September $30$ Collected note $ $1,620$ $ $18,573$

September $30$ Interest earned $ $19$ $ $18,592$

From Chavez Company$$s Accounting Records

Cash Receipts Deposited

Date Cash Debit

September $51,157$

September $122,292$

September $214,019$

September $252,312$

September $301,716$

$11,496$

Cash Payments

Check Number Cash Credit

$59011,818$

$5902767$

$5903359$

$59042,109$

$5905972$

$5906974$

$5907223$

$5908440$

$59091,866$

$9,528$

Cash Account Number $101$

Date Explanation PR Debit Credit Balance

August $31$ Balance $15,455$

September $30$ Total receipts R$1211,49626,951$

September $30$ Total payments D$239,52817,423$

Additional Information

$($a$)$ Check Number $5904$ is correctly drawn for $$2,149$ to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $$2,109.$

$($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.