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Required information Problem 6-5A (Algo) Preparing a bank reconciliation and recording adjustments LO P3 [The following information opplies to the questions displayed below] Chavez Company

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Required information Problem 6-5A (Algo) Preparing a bank reconciliation and recording adjustments LO P3 [The following information opplies to the questions displayed below] Chavez Company most recently reconciled its bark statement and book balances of cash on August 31 and it reported two checks outstanding. Number 5888 for $1,050 and Number 5893 for $503. Check Number 5893 was stall outstanding as of September 30 . The following information is avalable for its Soptember 30 reconcillation. From the September 30 Bank Stotement From Chavez Company's Accounting Records Additional information (e) Check Number 5904 is correctly drawn for $2,050 to poy for computer equipment, however, the recordkeeper misead the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,008. (b) The NSF check shown in the statement was originally tecelved from a customor, S. Nison, 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 $1,570 note for Chavez Company by the bank. The collection is not yet recorded Required: 1. Prepare the September 30 bank reconciliation for this company

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