Problem 6-5A Preparing a bank reconciliation and recording adjustments LO P3

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 $1,043 and No. 5893 for $497. 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

I AM MISSING ONE CHECK NO AND I DONT KNOW HOW TO FIGURE IT OUT CAN YOU PLEASE EXPLAIN HOW TO GET THAT MISSING CHECK. PLEASE SHOW WORK ON HOW TO GET IT

PREVIOUS BALANCE 18,500 TOTAL CHECKS AND DEBITS 9,776 TOTAL DEPOSITS AND CREDITS 11,529 CURRENT BALANCE 20, 253 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,043 09/04 5902 728 09/07 5901 1,830 09/17 624 NSF 09/20 5905 928 09/22 5903 399 09/22 5904 2,115 09/28 5907 220 09/29 5909 1,889 DEPOSITS AND CREDITS Date Amount 09/05 1,116 09/12 2,254 09/21 4,126 09/25 2,354 09/30 19 IN 09/30 1,660 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,116 12 2,254 21 4,126 25 2,354 30 1,727 11,577 WN Cash Payments Cash Check No. Credit 5901 1,830 5902 728 5903 399 5904 2,073 5905 928 5906 1,028 5907 220 5908 5909 1,889 9,492 397 PR Debit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Credit Balance 16,960 28,537 9,492 19,045 11,577 R12 D23 Additional Information (a) Check No. 5904 is correctly drawn for $2,115 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 $2,073. (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 $1,660 note for Chavez Company by the bank. The collection is not yet recorded. . Problem 6-5A Part 1 Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 20,253 Book balance Add: $ $ 19,045 Bank statement balance Add: Deposit of Sept. 30 $ 1,727 Interest earned $ 19 Note proceeds 1,660 1,727 1,679 20,724 Deduct: 21,980 Deduct: Error (check 5904) NSF check 42 Check No. 5906 Check No. 5908 1,028 397 624 666 1,425 20,555 Adjusted book balance Adjusted bank balance $ $ 20,058