Required information

Problem $6-5$A $($Algo$)$ Preparing a bank reconciliation and recording entries LO P$3$

$[$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 $5898$ for $$1,071$ and Number $5893$ for $$501.$ 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 Information

$($a$)$ Check Number $5904$ is correctly drawn for $$2,126$ to pay for computer equipment; hawever, the recordkeeper

misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to

Cash of $$2,091.$

$($b$)$ The NSF check showm 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 compary.

$($c$)$ The callection of the note on September $30$ is not yet recarded by the company

roblem $6-5$A $($Algo$)$ Part $1$

equired:

Prepare the September $30$ bank reconciliation for this company.