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 $1,099 and Number 5893 for $513. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. Description Withdrawals Deposits $ 1,099 $ 751 $ 1,169 $ 1,879 $ 2,253 Date September 1 September 3 September 4 September 5 September 7 September 12 September 17 September 20 September 21 September 22 September 22 September 25 September 28 September 29 September 30 September 30 $ 634 $ 912 Check #5888 Check #5902 Cash deposit Check #5901 Cash deposit NSF check Check #5905 Cash deposit Check #5903 Check #5904 Cash deposit Check #5907 Check #5909 Collected note Interest earned Balance $ 17,500 $ 16,401 $ 15,650 $ 16,819 $ 14,940 $ 17,193 $ 16,559 $ 15,647 $ 19,684 $ 19, 249 $ 17, 151 $ 19,516 $ 19,257 $ 17,382 $ 19,072 $ 19,092 $ 4,037 $ 435 $ 2,098 $ 2,365 $ 259 $ 1,875 $ 1,690 $ 20 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,169 September 12 2, 253 September 21 4,037 September 25 2,365 September 30 1,785 11,609 Cash Payments Check Number Cash Credit 5901 1,879 5902 751 5903 435 5904 2,060 5905 912 5906 956 5907 259 5908 429 5909 1,875 9,556 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 15,888 27,497 9,556 17,941 R12 D23 11,609 Additional Information (a) Check Number 5904 is correctly drawn for $2,098 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 $2,060. (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 collection of the note on September 30 is not yet recorded by the company. Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Bank statement balance Add: Add: Deduct: Deduct: Adjusted bank balance Adjusted book balance 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 $1,099 and Number 5893 for $513. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. Description Withdrawals Deposits $ 1,099 $ 751 $ 1,169 $ 1,879 $ 2,253 Date September 1 September 3 September 4 September 5 September 7 September 12 September 17 September 20 September 21 September 22 September 22 September 25 September 28 September 29 September 30 September 30 $ 634 $ 912 Check #5888 Check #5902 Cash deposit Check #5901 Cash deposit NSF check Check #5905 Cash deposit Check #5903 Check #5904 Cash deposit Check #5907 Check #5909 Collected note Interest earned Balance $ 17,500 $ 16,401 $ 15,650 $ 16,819 $ 14,940 $ 17,193 $ 16,559 $ 15,647 $ 19,684 $ 19, 249 $ 17, 151 $ 19,516 $ 19,257 $ 17,382 $ 19,072 $ 19,092 $ 4,037 $ 435 $ 2,098 $ 2,365 $ 259 $ 1,875 $ 1,690 $ 20 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,169 September 12 2, 253 September 21 4,037 September 25 2,365 September 30 1,785 11,609 Cash Payments Check Number Cash Credit 5901 1,879 5902 751 5903 435 5904 2,060 5905 912 5906 956 5907 259 5908 429 5909 1,875 9,556 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 15,888 27,497 9,556 17,941 R12 D23 11,609 Additional Information (a) Check Number 5904 is correctly drawn for $2,098 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 $2,060. (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 collection of the note on September 30 is not yet recorded by the company. Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Bank statement balance Add: Add: Deduct: Deduct: Adjusted bank balance Adjusted book balance