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Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks399 Cash Payments Cash Check No. Credit 5901 1,824 5902 719 5903 2.060 5905 5906 982 213 5900 5909 1,807 9,329 5904 5907 PR D2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transView transaction list Journal entry worksheet 3 4 5 6 Record the entry related to interest earned, if required. Note: Enter dView transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the entry related to the note receivable collected, if reqView transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the entry related to the outstanding checks, if required.View transaction list Journal entry worksheet < 1 2 3 4 Record the entry related to the NSF check, if required. Note: Enter dView transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the entry related to the error on check 5904, if required.

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Answer #1
Date General Journal Debit Credit
Sept 30 No journal entry required
Sept 30 Cash 12
Interest earned 12
Sept 30 Cash 1,485
Notes receivable 1,485
Sept 30 No journal entry required
Sept 30 Accounts receivable—S.Nilson 600
Cash 600
Sept 30 Computer equipment 30 =2090-2060
Cash 30
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