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Required Information

$[$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, Number $5888$ for $$1,072$ and Number $5893$ for $$484.$ Check Number $5893$ was still outstanding as of September $30.$ The following information is avallable for its September $30$ reconciliation.

From the September $30$ Bank Statement

From Chavez Company's Accounting Records

$\backslash$table$[[\backslash$table$[[$Cash Receipts$],[$Date$]],\backslash$table$[[$Deposited$],[$Cash Dabit$]]],[$September $5,1,148],[$September $12,2,288],[$September $21,4,030],[$September $25,2,359],[$September $30,1,735],[11,560]]$

$\backslash$table$[[$Cash Payments$],[$Check Number,Cash Credit$],[5901,1,846],[5902,740],[5903,399],[5984,2,044],[5905,935],[5906,1,040],[5907,244],[5988,384],[5989,1,882],[,9,514]]$

$\backslash$table$[[$Date$,\backslash$table$[[$Cash$],[$Explanation$]],$PR$,$Debit,$\backslash$table$[[$Account$],[$Credit$]],\backslash$table$[[$Number $181],[$Balance$]]],[$August $3,$Balance,,,,$15,444],[$September $3,$Total receipts,R$12,11,560,,27,004],[$September :$,$Total payments,D$23,,9,514,17,490]]$

Additional Information

$($a$)$ Check Number $5904$ is correctly drawn for $$2\mathrm{.}082$ to pay for computer equipment, however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $$2,044.($b$)$ The NSF check shown in the statement was originally recelved 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 $$1,680$ note for Chavez Company by the bank. The collection is not yet recorded.

$2.$ Prepare journal entries to adjust the book balance of cash to the reconciled balance.

Note: If no entry is required for a transactlon$/$event$,$ select $"$No Journal entry required" In the flrst account fleld.

Journal entry worksheet

$1,2,3,4,5,6$

Record the entry related to the September $30$ deposit, if required.

Notei Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[\backslash$table$[[$September$],[30]],,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$

Additional Information

$($a$)$ Check Number $5904$ is correctly drawn for $$2\mathrm{.}082$ to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $$2,044.($b$)$ The NSF check shown in the statement was originally recelved 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 $$1,680$ note for Chavez Company by the bank. The collection is not yet recorded

$2.$ Prepare journal entries to adjust the book balance of cash to the reconciled balance.

Note: If no entry is required for a transactlon$/$event$,$ select $"$No Journal entry required" In the flrst account fleld.

Journal entry worksheet

$1,2,3,4,5,6$

Record the entry related to the September $30$ deposit, if required.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[\backslash$table$[[$September$],[30]],,,],[,,,],[,,,],[,,,],[,,,],[,,,]$

$2)$ Record The injury related to interest earned, if required.

$3)$ record the entry related to the note receivable, and the collection if needed.

$4)$record the intubated to the outstanding checks, if required.

$5)$ record the entry related to the NFS check if required.

$6)$record the entry related to the error on check $5904$ if required.