2 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 $1,001 and Number 5893 for $510. Check Number 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 Date 18,500 CHECKS AND DEBITS Number Amount 09/03 5888 1,001 09/04 5902 735 TOTAL DEPOSITS AND CREDITS 11,646 CURRENT BALANCE 20,248 9,898 DEPOSITS AND CREDITS Date Amount 09/05 1,145 09/12 2,275 09/07 5901 1,876 09/21 4,225 09/17 628 NSF 09/25 2,363 09/20 5905 972 09/30 18 IN ht 09/22 5903 434 09/30 1,620 CM 09/22 5904 2,148 09/28 5907 211 ences 09/29 5909 1,893 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,145 September 12 2,275 September 21 4,225 September 25 2,363 September 30 1,786 11,794) Cash Payments Check Number Cash Credit 5901 1,876 5902 735 5903 434 5904 2,107 5905 972 5906 9541 5907 211 5908 353 5909 1,893 9,535) Cash Account Number 101 Date August 31 Explanation PR Debit Credit Balance Balance 16,989 September 30 Total receipts R12 11,7941 28,783 September 30. Total payments 023 9,535 19,248 Additional Information: 2 Part 1 of 2 points Cash Account Number 101 Date Explanation PR Debit Credit Balance August 31 Balance 16,989 September 30 Total receipts R12 11,794 28,783 September 30 Total payments Additional Information 023 9,535 19,248 ellock Print (a) Check Number 5904 is correctly drawn for $2.148 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 $2,107. (b) The NSF check shown in the statement was originally received from a customer, S. Nison, in payment of her account Its return has not yet been recorded by the company. (c) The credit memorandum (CM) is from the collection of a $1620 note for Chavez Company by the bank. The collection is not yet recorded. References Required: 1. Prepare the September 30 bank reconciliation for this company. Bank statement balance Add: CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: Deduct Deduct Adjusted bank balance- Adjusted book balance