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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, No. 5888 for $1.079 and No. 5893 for $517. 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 PREVIOUS BALANCE 17,500 TOTAL CHECKS AND DEBITS 9,802 TOTAL DEPOSITS AND CREDITS 11,896 CURRENT BALANCE 19,594 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,079 89/84 5902 725 09/07 5901 1,879 09/17 624 NSF 89/2e 5985 927 e9/22 5903 394 09/22 5904 2,090 09/28 5907 223 89/29 5909 1,861 DEPOSITS AND CREDITS Date Amount 09/05 1,196 09/12 2,263 09/21 4,427 09/25 2,304 9/30 16 IN 09/30 1,690 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,196 12 2,263 21 4,427 25 2,304 30 1,776 11,966 Cash Payments Cash Check No. Credit 5901 1,879 5902 725 5903 394 5984 2,054 5905 927 5906 1,035 5907 223 5908 354 5909 1,861 9,452 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 15,904 27,870 18,418 R12 D23 11,966 9,452 Additional Information (a) Check No. 5904 is correctly drawn for $2,090 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 $2,054. (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 $1,690 note for Chavez Company by the bank. The collection is not yet recorded. Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: Bank statement balance Add: Deduct: Deduct: Adjusted bank balance 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 1 2 3 4 5 6 > Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits es Date General Journal Debit Credit Sept 30 Record entry Clear entry View general Journal 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 1 2. 3 4 5 6 > Record the entry related to interest earned, if required. Note: Enter debits before credits. Date General Journal Debit Credit Sept 30 Record entry Clear entry View general Journal 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 2. 3 4 5 6 > Record the entry related to the note receivable and the collection, if required. Note: Enter debits before credits Date General Journal Debit Credit Sept 30 Record entry Clear entry View general Journal 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 outstanding checks, if required. Note: Enter debits before credits. Date General Journal Debit Credit Sept 30 Record entry Clear entry View general Journal 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 1 2. 3 4 5 6 Record the entry related to the NSF check, if required. Note: Enter debits before credits Date General Journal Debit Credit Sept 30 Record entry Clear entry View general journal 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 2 3 4 5 6 Record the entry related to the error on check 5904, If required. Note: Enter debits before credits. Date General Journal Debit Credit Sept 30 Record entry Clear entry View general Journal

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