Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported checks outstanding 5888 for \$1,045 and No 5893 for 484. Check No. 5893 was still outstanding as of September 30 The following formation is available for its September 30 reconciliation

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 $1,045 and No. 5893 for $484. 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 18,000 TOTAL CHECKS AND DEBITS 9,933 TOTAL DEPOSITS AND CREDITS 11,660 CURRENT BALANCE 19,727 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,045 09/04 5982 713 09/07 5901 1,885 09/17 679 NSF 09/20 5995 936 09/22 5983 435 09/22 5984 2,102 09/28 5987 274 09/29 5909 1,864 DEPOSITS AND CREDITS Date Amount 09/05 1,200 09/12 2,233 09/21 4,278 99/25 2,365 09/30 24 IN 09/30 1,560 CM From Chavez Company's Accounting Records Cash Receipts Deposited cash Date Debit Sept. 5 1280 12 29233 21 4, 278 25 2, 365 30 19724 11,800 Cash Payments Cash Check No. Credit 5901 1,885 5902 713 5903 435 5904 2,063 5905 936 5906 990 5907 274 5908 413 5909 1,864 9573 1. Prepare the September 30 bank reconciliation for this company CHAVEZ COMPANY Bank Reconciliation September 30 Book balance + Add Bank statement balance Add 0 0 0 0 Deduct Deduct 0 0 Adjusted bank balance O Adjusted book balance 0 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 16,471 28,271 18,698 R12 023 11,800 9,573 Additional Information D. (a) Check No. 5904 is correctly drawn for $2,102 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 $2,063 (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 $1560 note for Chavez Company by the bank. The collection is not yet recorded