Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. chavez company most recently reconciled its bank s

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

90.2K

Verified Solution

Question

Accounting

imageimageimageimageimage

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 $1,020 and No. 5893 for $516. The following information is available for its September 30, 2017, reconciliation From the September 30 Bank Statement PREVIOUS BALANCE TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CREDITS CURRENT BALANCE 18,000 9,885 11,460 19,575 CHECKS AND DEBITS DEPOSITS AND CREDITS No. Amount Amount Date 09/03 5888 09/04 5902 09/07 5901 Date 09/05 09/12 09/21 674NSF 09/25 09/30 09/30 1,020 782 1,835 1,147 2,256 4,174 2,346 953 397 2,100 241 1,883 17IN 09/20 5905 09/22 5903 09/22 5904 09/28 5907 09/29 5909 1,520CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Debit 1,147 2,256 4,174 2,346 1,686 11,609 Date Sept. 5 12 21 25 30

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Convert to logarithmic form 216 log

Algebra
Q

give a full definition of the foreign exchange market?

Economics
Q

A quiz consists of 50 multiple choice questions each with five possible answers only one...

Statistics
Q

Determine whether the geometric series is convergent or divergent 80 16 0 64 1 n...

Calculus
Q

Determine the missing amount from each of the separate situations given...

Accounting
Q

7. The following information pertains to the Midwest Division of Clearly Natural Company: Net Sales...

Accounting
Q

HA02 " "

Accounting
Q

Exercise 11-7 (Static) Transfer Pricing from the Viewpoint of the Entire Company [LO11-3] Division A...

Accounting
Q

The thudaka company has budgeted it's conversion cost for the small lamp production as$65000 for...

Accounting
Q

At year-end December 31, Chan company estimates its bad debts as 0.60% of its annual...

Accounting
Q

Wilson Equipment Inc. sells computer software to manufacturing companies to help with inventory management. This...

Accounting
Q

You are called in as a financial analyst to appraise the bonds of Olsens Clothing...

Finance