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Chavez Company most recently reconciled its bank statement and book balances of cash on August...

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Accounting

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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. Number 5888 for $1,051 and Number 5893 for $489. 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 $2,065 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 $2,026 (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

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