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 $1,028 and Number 5893 for $494. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. Description Withdrawals Deposits $ 1,028 $ 719 $ 1,103 $ 1,824 $ 2,226 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 $ 600 $ 937 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 $ 16,800 $ 15,772 $ 15,053 $ 16, 156 $ 14,332 $ 16,558 $ 15,958 $ 15,021 $ 19,114 $ 18,715 $ 16,625 $ 18,976 $ 18,763 $ 16,956 $ 18,441 $ 18,453 $ 4,093 $ 399 $ 2,090 $ 2,351 $ 213 $ 1,807 $ 1,485 $ 12 Cash Receipts Deposited Date Cash Debit September 5 1,103 September 12 2,226 September 21 4,093 September 25 2,351 September 30 1,682 11,455 Cash Payments Check Number Cash Credit 5901 1,824 5902 719 5903 399 5904 2,060 5905 937 5906 982 5907 213 5908 388 5909 1,807 9,329 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 15, 278 26,733 9,329 17,404 11,455 R12 D23 Additional Information (a) Check Number 5904 is correctly drawn for $2,090 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. CHAVEZ COMPANY Bank Reconciliation September 30 18,453 Book balance Add: Bank statement balance $ $ 17,404 Add: Deposit of September 30 $ 1,682 $ 1,485 Note proceeds Interest earned 12 1,682 1,497 18,901 20,135 Deduct: Deduct: Check Number 5893 508 NSF check 600 Error (check 5904) 30 508 630 Adjusted bank balance $ 19,627 Adjusted book balance $ 18,271