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 $1,024 and No. 5893 for $513. 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 |
20,500 | 9,878 | 11,563 | 22,185 |
CHECKS AND DEBITS | DEPOSITS AND CREDITS | ||||||
Date | No. | Amount | Date | Amount | |||
09/03 | 5888 | 1,024 | 09/05 | 1,124 | |||
09/04 | 5902 | 716 | 09/12 | 2,230 | |||
09/07 | 5901 | 1,886 | 09/21 | 4,305 | |||
09/17 | 685 | NSF | 09/25 | 2,322 | |||
09/20 | 5905 | 926 | 09/30 | 12 | IN | ||
09/22 | 5903 | 449 | 09/30 | 1,570 | CM | ||
09/22 | 5904 | 2,057 | |||||
09/28 | 5907 | 267 | |||||
09/29 | 5909 | 1,868 | |||||
From Chavez Company’s Accounting Records
Cash Receipts Deposited | ||||
Date | Cash Debit |
|||
Sept. | 5 | 1,124 | ||
12 | 2,230 | |||
21 | 4,305 | |||
25 | 2,322 | |||
30 | 1,654 | |||
11,635 | ||||
Cash Payments | ||||
Check No. | Cash Credit |
|||
5901 | 1,886 | |||
5902 | 716 | |||
5903 | 449 | |||
5904 | 2,013 | |||
5905 | 926 | |||
5906 | 984 | |||
5907 | 267 | |||
5908 | 428 | |||
5909 | 1,868 | |||
9,537 | ||||
Cash | Acct. No. 101 | ||||
Date | Explanation | PR | Debit | Credit | Balance |
Aug. 31 | Balance | 18,963 | |||
Sept. 30 | Total receipts | R12 | 11,635 | 30,598 | |
30 | Total payments | D23 | 9,537 | 21,061 | |
Additional Information
Required:
1. Prepare the September 30 bank reconciliation
for this 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.)
Chavez Company most recently reconciled its bank statement and book balances of cash on August 31...
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 $1,068 and No. 5893 for $501. 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 17,500 9,954 11,672 19,218 CHECKS AND DEBITS DEPOSITS AND CREDITS Date...
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 $1,050 and No. 5893 for $520. 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 17,500 9,875 11,681 19,306 CHECKS AND DEBITS DEPOSITS AND CREDITS Date...
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 $1,095 and No. 5893 for $516. 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 18,000 9,864 11,597 19,733 CHECKS AND DEBITS DEPOSITS AND CREDITS Date...
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 $1,083 and No. 5893 for $480. 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 16,500 10,063 11,951 18,388 CHECKS AND DEBITS DEPOSITS AND CREDITS Date...
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 $1,083 and No. 5893 for $480. 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 16,500 10,063 11,951 18,388 CHECKS AND DEBITS DEPOSITS AND CREDITS Date...
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 $1,019 and No. 5893 for $517. 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 16,500 TOTAL CHECKS AND DEBITS 9,718 TOTAL DEPOSITS AND CREDITS 11,479 CURRENT BALANCE 18, 261 CHECKS AND DEBITS Date No. Amount...
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 $1.028 and No. 5893 for $494. 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 16,800 TOTAL CHECKS AND DEBITS 9,617 TOTAL DEPOSITS AND CREDITS 11,270 CURRENT BALANCE 18, 453 CHECKS AND DEBITS Date No. Amount...
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 $1,097 and No. 5893 for $483. The following information is available for its September 30, 2017, reconciliation. From the September 30 Bank Statement PREVIOUS BALANCE 18,000 TOTAL CHECKS AND DEBITS 9,867 TOTAL DEPOSITS AND CREDITS 11,871 CURRENT BALANCE 20,004 NO. CHECKS AND DEBITS Date Amount 09/03 5888 1,097 09/04 5902 753 e9/e7 5901 1,84e 09/17...
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, No. 5888 for $1,049 and No. 5893 for $505. 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 18,500 9,804 TOTAL, DEPOSITS AND CREDITS...
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, No. 5888 for $1,084 and No. 5893 for $498. 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...