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Required information Problem 6-5A (Algo) Preparing a bank reconciliation and recording entries LO P3 [The following information applies to the questions displayed below.] Chavez Company
Required information Problem 6-5A (Algo) Preparing a bank reconciliation and recording entries LO P3 [The following information applies to the questions displayed below.] Chavez Company most recently reconclled its bank statement and book balances of cash on August 31 and it reported two checks outstanding. Number 5888 for $1,008 and Number 5893 for $497. Check Number 5893 was still outstanding as of September 30 . The following information is available for its September 30 reconciliation. From Chavez Company's Accounting Records Additional Informotion (a) Check Number 5904 is correctly drawn for $2,060 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 $2.015 Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 56 Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits
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