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 $1,077 and Number 5893 for $481. Check Number 5893 was still outstanding as of September 30. The following Information is available for its September 30 reconciliation. Description Withdrawals Deposits $ 1,077 $ 768 $ 1,136 $ 1,876 $ 2,227 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 20 September 29 September 30 September 30 $ 634 $ 903 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 $ 19,500 $ 18,423 $ 17,655 $ 18,792 $ 16,915 $ 19, 242 $ 18,508 $ 17, 605 $ 21, 635 $ 21,194 $ 19,061 $ 21,386 $ 21,152 $ 19,270 $ 20,930 $ 20,952 $ 4,030 $ 441 $ 2,133 $ 2,325 S 234 $ 1,602 $ 1,660 S 22 Additional Information (a) Check Number 5904 is correctly drawn for $2.133 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 $2,092 (6) 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 29,452 x Book balance Add: Bank statement balance S 19,894 Add: X S XX 0 0 29,452 19,894 Deduct: Deduct: x x 0 0 S Adjusted bank balance 29,452 Adjusted book balance Red text indicates no response was expected in a celor a formus-based calculations incorrect; no points deducted. 19,894 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,136 September 12 2,227 September 21 4,030 September 25 2, 325 September 30 1,792 11,510 Cash Payments Check Number Cash Credit 5901 1,876 5902 760 5903 441 5904 2,092 5905 903 5906 1,000 5907 234 5908 362 5909 1, 882 9,550 PR Debit Date August 31 September 30 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 17,942 29,452 9,558 19,894 R12 11,510 D23