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 $1,095 and Number 5893 for $496. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. Date Description Withdrawals Deposits September 1 September 3 September 4 September S September 7 September 12 September 17 September 20 September 21 September 22 September 22 Balance $19,500 Check #5688 Check #5902 Cash deposit Check #5901 Cash deposit NSF check Check #5905 $ 1,095 $ 735 $ 1,182 $ 18,405 $ 17,670 $18,852 $ 1,812 $ 17,040 $ 2,269 $ 19,309 $ 690 $ 18,619 $ 996 $ 17,623 Cash deposit $ 4.132 $ 21,755 Check #5903 $ 376 $ 21,379 Check #5904 $ 2,094 September 25 September 28 September 29 Cash deposit Check #5907 $ 19,285 $2,326 $ 21,611 $ 261 Check #5909 September 30 Collected note $ 1,510 $ 21,350 $19,496 $ 21,006 September 30 Interest earned $ 14 $ 21,020 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,182 September 12 2,269 September 21 4,132 September 25 2,326 September 30 1,773 11,682 Cash Payments Check Number Cash Credit 5901 1,812 5902 735 5903 376 5904 2,055 5905 996 5906 1,005 5907 261 5908 5909 4391 1,854 19,533 6 Homework i Cash Datel Explanation PA Debit Account Number 101 Credit Balance August 31 Balance 17,909 September 30 Total receipts R12 11,682 29,591 September 30 Total payments 023 9,533 20,058 Saved Additional Information (a) Check Number 5904 is correctly drawn for $2,094 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 $2,055. (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. Problem 6-5A (Algo) Part 1 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 0 0 Deduct 0 0 10 + 0 Adjusted bank balance $ Adjusted book balance $ 0