Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks outstanding. No. 5888 for $1.005 and No. 5893 for $509. Check No. 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. From the September 30 Bank Statement PREVIOUS BALANCE TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CREDITS CURRENT BALANCE 17,00 9,875 11,913 19,038 No. CHECKS AND DEBITS Date Amount 09/03 5888 1,005 99/84 5902 799 09/07 5901 1,873 09/17 630 NSF 99/20 5905 958 99/22 5903 403 99/22 5984 2,863 09/28 5907 280 89/29 5999 1,864 DEPOSITS AND CREDITS Date Amount 09/05 1,196 09/12 2,267 09/21 4,459 09/25 2,328 09/30 13 IN 09/30 1,650 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1, 196 12 2,267 21 4,459 25 2,328 30 1,744 11,994 Cash Payments Cash Check No. Credit 5991 1,873 5992 799 5983 403 5994 2,824 5995 958 5996 1,911 280 5998 351 5999 1,864 9,563 5997 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 1e1 Balance 15,486 27,480 17,917 R12 D23 11,994 9,563 Additional Information (a) Check No. 5904 is correctly drawn for $2.063 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 $2.024. (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 credit memorandum (CM) is from the collection of a $1.650 note for Chavez Company by the bank. The collection is not yet recorded. 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: Bank statement balance Add: 0 0 0 0 Deduct: Deduct: 0 0 Adjusted bank balance $ O Adjusted book balance $ 0 2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" In the first account fleld.) View transaction list Journal entry worksheet Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits Date General Journal Debit Credit Sept 30 Record entry Clear entry View general journal