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 $1,008 and Number 5893 for $519. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. Description Withdrawals Deposits $ 1,008 $ 770 $ 1,107 $ 1,859 $ 2,252 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 $ 988 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 $ 16,492 $ 15,722 $ 16,829 $ 14,970 $ 17,222 $ 16,588 $ 15,600 $ 19,900 $ 19,472 $ 17,393 $ 19,775 $ 19,501 $ 17,608 $ 19,258 $ 19,271 $ 4,300 $ 428 $ 2,079 $ 2,382 $ 274 $ 1,893 $ 1,650 $ 13 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,107 September 12 2,252 September 21 4,300 September 25 2,382 September 30 1,701 11,742 Cash Payments Check Number Cash Credit 5901 1,859 5902 770 5903 428 5904 2,036 5905 988 5906 987 5907 274 5908 360 5909 1,893 9,595 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 15,973 27,715 9,595 18, 120 11,742 R12 D23 Additional Information (a) Check Number 5904 is correctly drawn for $2,079 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 $2,036. (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 Bank statement balance Book balance Add: Add: Deposit of September 30 Interest earned Note proceeds 0 Oo 0 Deduct: Deduct: Check Number 5893 NSF check Check Number 5906 Error (check 5904) Check Number 5908 0 0 Adjusted bank balance $ 0 Adjusted book balance $ 0