Required information

Problem 6-5A Preparing a bank reconciliation and recording adjustments LO P3

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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 $1,093 and No. 5893 for $499. 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	TOTAL CHECKS AND DEBITS	TOTAL DEPOSITS AND CREDITS	CURRENT BALANCE
17,000	9,895	11,543	18,648

CHECKS AND DEBITS					DEPOSITS AND CREDITS
Date	No.	Amount			Date	Amount
09/03	5888	1,093			09/05	1,148
09/04	5902	717			09/12	2,285
09/07	5901	1,827			09/21	4,040
09/17		654	NSF		09/25	2,393
09/20	5905	944			09/30	17	IN
09/22	5903	435			09/30	1,660	CM
09/22	5904	2,128
09/28	5907	243
09/29	5909	1,854

From Chavez Companys Accounting Records

Cash Receipts Deposited
Date		Cash Debit
Sept.	5		1,148
	12		2,285
	21		4,040
	25		2,393
	30		1,763
			11,629

Cash Payments
Check No.		Cash Credit
5901			1,827
5902			717
5903			435
5904			2,085
5905			944
5906			991
5907			243
5908			363
5909			1,854
			9,459

Cash			Acct. No. 101
Date	Explanation	PR	Debit	Credit	Balance
Aug. 31	Balance				15,408
Sept. 30	Total receipts	R12	11,629		27,037
30	Total payments	D23		9,459	17,578

Additional Information

1. (a) Check No. 5904 is correctly drawn for $2,128 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 $2,085.
2. (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.
3. (c) The credit memorandum (CM) is from the collection of a $1,660 note for Chavez Company by the bank. The collection is not yet recorded.

Need the bank balance breakdown and book balance breakdown please

Journal entries too

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

• 2

  Record the entry related to interest earned, if required.

• 3

  Record the entry related to the note receivable and the collection, if required.

• 4

  Record the entry related to the outstanding checks, if required.

• 5

  Record the entry related to the NSF check, if required.

• 6

  Record the entry related to the error on check 5904, if required.