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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

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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 $1,041 and Number 5893 for $483. 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 $ 18,500 September 3 Check 5888 $ 1,041 $ 17,459 September 4 Check 5902 $ 765 $ 16,694 September 5 Cash deposit $ 1,191 $ 17,885 September 7 Check 35901 $ 1,895 $ 15,990 September 12 Cash deposit $ 2,241 $ 18,231 September 17 NSF check $611 $ 17,620 September 20 Check 65905 $932 $ 16, 688 September 21 Cash deposit $ 4,489 $ 21, 177 September 22 Check 65903 $367 $ 20,810 September 22 Check 35904 $ 2,085 $ 18,725 September 25 Cash deposit $ 2,343 $ 21,068 September 28 Check 85907 $ 259 $ 20,809 September 29 Check #5909 $ 1,851 $ 18,958 September 30 Collected note $ 1,690 $ 20,648 September 30 Interest earned $ 22 $ 20,670 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 1,191 September 12 2,242 September 21 4,489 September 25 2,343 September 30 1,708 11,972 Cash Payments Check Number Cash Credit 5901 1,895 8 11.972 Cash Payments Check Number Cash Credit 5901 1,895 59e2 765 5903 367 5904 2,044 5905 932 5906 1,031 5907 259 5908 5909 1.851 9,593 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 16,976 28,948 9,59) 19,355 R12 02 11,972 Additional Information (a) Check Number 5904 is correctly drawn for $2,085 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 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, Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Bank statement balance Add: Add: 0 0 0 0 Deduct Deduct 0 0 Adjusted bank balance S 0 Adjusted book balance 2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits Date September 30 General Journal Debit Credit Record entry Clear entry View general journal

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