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 $1,090 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 Date Description Withdrawals Deposits September 1 Balance $ 20,500 September 3 Check #5888 $ 1,090 $ 19,410 September 4 Check #5902 $ 747 $ 18,663 September 5 Cash deposit $ 1,186 $ 19,849 September 7 Check #5901 $ 1,856 $ 17,993 September 12 Cash deposit $ 2,228 $ 20,221 September 17 NSF check $ 635 $ 19,586 September 20 Check #5905 $ 926 $ 18,660 September 21 Cash deposit $ 4,045 $ 22,705 September 22 Check #5903 $ 366 $ 22,339 September 22 Check #5904 $ 2,103 $ 20,236 September 25 Cash deposit $ 2,362 $ 22,598 September 28 Check #5907 $ 265 $ 22,333 September 29 Check #5909 $ 1,883 $ 20,450 September 30 Collected note $ 1,530 $ 21,980 September 30 Interest earned $ 13 $ 21,993 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,186 September 12 2,228 September 21 4,045 September 25 2,362 September 30 1,774 11,595 Cash Payments Check Number Cash Credit 5901 1,856 5902 747 5903 366 5904 2,064 5905 926 5906 1,025 5907 265 5908 405 5909 1,883 9,537 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 18,897 30,492 9,537 20,955 R12 023 11,595 Additional Information (a) Check Number 5904 is correctly drawn for $2,103 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 $2,064 (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