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 $1098 and No. 5893 for $510. 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 18,500 TOTAL CHECKS AND DEBITS 9,880 TOTAL DEPOSITS AND CREDITS 11,854 CURRENT BALANCE 20,474 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,098 09/04 5902 761 09/07 5901 1,881 09/17 620 NSH 09/20 5905 925 09/22 5903 361 09/22 5904 2,114 09/28 5907 220 09/29 5909 1,900 DEPOSITS AND CREDITS Date Amount 09/05 1,164 09/12 2,269 09/21 4,458 09/25 2,360 09/30 23 IN 09/30 1,640 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,164 12 2,269 21 4,458 25 2,300 30 1,704 11,895 Cash Payments Cash Check No Credit 5901 1,881 5902 761 5903 361 5984 2,076 5905 925 5906 1,980 5907 220 5908 386 5909 1,900 9,510 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 16,892 28,787 19,277 R12 D23 11,895 9,510 Additional Information (a) Check No. 5904 is correctly drawn for $2.114 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 $2.076. (b) 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, (c) The credit memorandum (CM) is from the collection of a $1640 note for Chavez Company by the bank. The collection is not yet recorded 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: Bank statement balance Add Deposit of Sept 30 Interest earned Note proceeds 0 0 0 0 Doduct Check No. 5893 Check No. 5906 Check No. 5908 Deduct NSF check Error (check 5904) 0 0 0 Adjusted book balance Adjusted bank balance S 0