0 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 $1,015 and No. 5893 for $504. The following information is available for its September 30 reconciliation From the September 30 Bank Statement PREVIOUS BALANCE 20,000 TOTAL CHECKS AND DEBITS 9,879 TOTAL DEPOSITS AND CREDITS 11,505 CURRENT BALANCE 21,626 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,015 09/04 5902 717 09/07 5901 1,851 09/17 688 NSF 09/20 5905 998 09/22 5903 447 09/22 5904 2,079 09/28 5907 226 09/29 5909 1,858 DEPOSITS AND CREDITS Date Amount 09/05 1,197 09/12 2,267 09/21 4,132 09/25 2,364 09/30 16 IN 09/30 1,529 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,197 2167 09/22 09/28 09/29 5904 5907 5909 2,079 226 1,858 From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,197 12 2,267 21 4,132 25 2,364 30 1,776 11,736 Cash Disbursements Cash Check No. Credit 5901 1,851 5902 717 5903 447 5984 2,035 5905 998 5906 1,025 5907 226 5908 385 5989 1,858 9,542 Cash Date Explanation Aug. 31 Balance PR Debit Credit Acct. No. 101 Balance 18,481 PR Dobit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total disbursements Acct. No. 101 Balance 18,481 30,217 20,675 11,736 R12 D23 9,542 Additional Information Check No. 5904 is correctly drawn for $2.079 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 $2,035. 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. The credit memorandum (CM) is from the collection of a $1.550 note for Chavez Company by the bank. The bank deducted a $21 collection expense. The collection and expense are not yet recorded. Required: 1. Prepare the September 30 bank reconciliation for this company CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add Bank statement balance Add Required: 1. Prepare the September 30 bank reconciliation for this company CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add Bank statement balance Add Deduct Deduct Adjusted bank balance Adjusted book balance