Answer Happy

es 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 $1,047 and Number 5893 for $515. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. Withdrawals Deposits $ 1,047 $ 781 Date September 1 September 3 September 4 September S September 7 September 12 September 17 September 20 September 21 September 22 September 22 September 25 September 28 September 29 September 30 September 30 From Chavez Company's Accounting Records Description Check #5888 Check #5902 Cash deposit Check #5901 Cash deposit NSF check Check #5905 Cash deposit Check #5903 Check #5904 Cash deposit Check #5907 Check #5909 Collected note Interest earned Cash Receipts Deposited Date September 5 September 12 Cash Debit 1,146 2.226 $ 1,828 $ 660 $ 930 $ 435 $ 2,053 $266 $ 1,861 < Prey $ 1,146 $ 2,226 $ 4,343 $ 2,365 $ 1,670 $ 21 Balance $ 20,000 $ 18,993 $ 18,172 $ 19,318 $ 17,490 $ 19,716 $ 19,056 $ 18,126 $ 22,469 $ 22,034 $ 19,981 $ 22,346 $ 22,080 $20,219 $ 21,889 $ 21,910
25 From Chavez Company's Accounting Records Cash Receipts Deposited Date September 5 September 12 September 21 September 25 September 30 Check Number Cash Debit 1,146 2,226 Cash Payments 5901 5902 5903 5904 5905 5906 5907 5908 5909 4,343 2,365 1,655 11,735 Cash Credit 1,828 781 435 2,009 930 959 266 368 1,861 9,437 Cash Date August 31 Explanation Balance September 30 Total receipts September 30 Total payments PR R12 D23 Debit 11,735 Account Number 101 Credit Balance 18,438 30,173 20,736 9,437
ework Saved Help Additional Information (a) Check Number 5904 is correctly drawn for $2,053 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 $2,009. (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. 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.) Sav
t 2 of 2 ts Skipped eBook Print References Mc Graw Hill 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. Date September 30 Record entry General Journal Clear entry < Prev S Debit View general journal of 7 Credit --- Next
of 2 oped Book Print erences C aw 1 Record the entry related to interest earned, if required. < 1 Note: Enter debits before credits. Date September 30 3 Record entry 4 5 6 General Journal Clear entry < Prev S 6 Debit View general journal of 7 Credit --- Next
Required information Journal entry worksheet < 1 2 Note: Enter debits before credits. Date September 30 Record the entry related to the note receivable collected, if required. 4 Record entry 6 General Journal Clear entry < Prev as Debit View general journal of 7 Credit www Next >
O search < 1 2 3 Record the entry related to the outstanding checks, if required. Note: Enter debits before credits. Date September 30 5 6 Record entry General Journal Clear entry < Prev 0 6 Debit Credit View general journal of 7 Next >
Required information Journal entry worksheet < 1 2 3 4 Record the entry related to the NSF check, if required. Note: Enter debits before credits. Date September 30 Record entry 6 General Journal Clear entry < Prev S 6 Debit View general journal of 7 Credit www Next
earch Journal entry worksheet < 1 2 3 Note: Enter debits before credits. Record the entry related to the error on check 5904, if required. Date September 30 4 Record entry 5 General Journal Clear entry < Prev O #CO 6 Debit View general journal of 7 Credit www www www Next > 4