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 $1.099 and No. 5893 for $497. The following information is available for its September 30, 2017, reconciliation From the September 30 Bank Statement PREVIOUS BALANCE 18,500 TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CREDITS 11,877 CURRENT BALANCE 20,394 CHECKS AND DEPOSITS AND DEBITS CREDITS Date No. Amount Date Mount 09/035888 1,099 09/05 1,184 09/04 5902 725 09/12 2,245 09/075901 1,844 09/21 4,383 09/17 691NSP 09/25 2.368 09/205905 948 09/30 12IN 09/22 5903 429 09/30 1.685CM 09/22 5904 2,137 09/285907 218 09/295909 1,892 From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,184 2,245 4,383 2,368 1,787 11,967 12 30 NO. Cash Disbursements Check Cash Credit 5901 1,844 5902 725 5903 429 5904 2.096 5905 948 5906 956 5907 218 5908 409 5909 1,892 9,517 Cash Date Explanation PR Debit N . Balance Acct. No. 101 Credit Balance 16,904 28,871 9,517 19,354 Sept. Total receipts R12 11,967 JO Total re 30Total disbursements D23 Additional Information Check No. 5904 is correctly drawn for $2.137 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 $2,096. 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. The credit memorandum is from the collection of a $1700 note for Chavez Company by the bank. The bank deducted a $15 collection fee. The collection and fee are not yet recorded. Required: 1. Prepare the September 30, 2017, bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30, 2017 Book balance Bank statement balance Add: Add: Deduct: Deduct: Adjusted bank balance Adiusted book balance