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 $1,012 and Number 5893 for $495. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. Withdrawals Deposits $ 1,012 $ 790 $ 1,200 $ 1,865 $ 2,296 Date Description September 1 September 3 Check #5888 September 4 Check #5902 September 5 Cash deposit September 7 Check #5901 September 12 Cash deposit September 17 NSF check September 20 Check #5905 September 21 Cash deposit September 22 Check #5903 September 22 Check #5904 September 25 Cash deposit September 28 Check #5907 September 29 Check #5909 September 30 Collected note September 30 Interest earned $ 641 $ 901 Balance $ 20,500 $ 19,488 $ 18,698 $ 19,898 $ 18,933 $ 20,329 $ 19,688 $ 18,787 $ 23,010 $ 22,577 $ 20,452 $ 22,810 $ 22,997 $ 20,745 $ 22,485 $ 22, 301 $ 4,223 $ 433 $ 2,125 $ 2,358 $ 213 $ 1,852 $ 1,540 $ 16 Check my work Required information The following information applies to the questions displayed below.) 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 $1.012 and Number 5893 for $495. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation Description Withdrawals Deposits $ 1,012 $ 790 $ 1,200 $ 1,865 $ 2,296 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 $ 641 $ 901 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 $ 20,500 $ 19,488 $ 18,698 $ 19,898 $ 18,033 $ 20,329 $ 19,688 $ 18,787 $ 23,010 $ 22,577 $ 20,452 $ 22,810 $ 22,997 $ 20,745 $ 22,285 $ 22,301 $ 4,223 $ 433 $ 2,125 $ 2,358 $ 213 $ 1,852 $ 1,540 $ 16 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,200 September 12 2,296 September 21 4,223 September 25 2,358 September 30 1,768 11,845 Cash Payments Check Number Cash Credit 50 1,865 3902 790 5903 433 Homework - Chapters... Help Save & Exit Submit Check my work 1 Date September 5 September 12 September 21 September 25 September 30 Cash Debit 1,200 2,296 4,223 2,358 1,768 11,845 t1 of 2 es Book Cash Payments Check Number Cash Credit 5901 1,865 5902 790 5903 433 5904 2,988 5905 991 5906 1,035 5907 213 5988 439 5909 1,852 9,616 rint ances Cash Date Explanation August 31 Balance September 30 Total receipts September 30 Total payments PR R12 D23 Debit 11,845 Account Number 101 Credit Balance 18,993 30,838 9,616 21, 222 Additional Information (a) Check Number 5904 is correctly drawn for $2,125 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 $2,088. (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 uired: Pupare the September 30 bank reconciliation for this company. Check my work Required: 1. Prepare the September 30 bank reconciliation for this company Bank statement balance Add: Deposit of September 30 CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: Note proceeds Interest earned 0 0 0 5 Deduct 0 Deduct NSF check Error (check 5904) Check Number 5893 Check Number 5906 Check Number 5908 Adjusted bank balance 0 g 5 0 $ Adjusted book balance