Check my work 20 Part 1 of 2 3 Required information The following information applies to the questions displayed below) 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 $1100 and No. 5893 for $489. 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 MO CREDITS 19,690 10,000 11.56 ook Print 09/12 5901 CHECKS AND DEBITS Date Ho Amount 09/03 5888 09/04 5902 722 09/07 1,885 09/17 629 NSF 09/20 5905 995 09/22 5903 09/22 5904 2,141 09/28 5907 232 09/29 5900 1,888 DEPOSITS MO CREDITS Date Amount 09/05 1,134 2,276 09/21 4,154 09/25 2,358 09/30 09/30 1,630 CM 16 IN References From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 12 21 4,154 25 2,358 2,276 11,584 Cash Payments Cash Check No Credit 5901 1.885 5902 722 5903 416 5904 2,104 590 995 5106 956 232 5900 5909 1.888 9,625 PR Debit Credit Cash Date Explanation Aug 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 17,411 28,997 R12 023 11,586 9,625 Additional Information (e) Check No. 5904 is correctly drawn for $2.141 to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer 20 Cash Payments Part 1 of 2 Check No. 5901 5902 5903 500 Credit 1,885 722 416 2,104 995 956 232 427 5905 5906 5907 5908 5909 02-21 22 9,625 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 17,411 28,997 19,372 eBook 11,586 R12 D23 Pent Additional Information References (a) Check No. 5904 is correctly drawn for $2.141 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 $2,104 (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 (CMills from the collection of a $1630 note for Chavez Company by the bank. The collection is not yet recorded. Required: 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 Deduct Deduct $ Adjusted book balance Adjusted bank balance