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2 Part 1 of 2 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 $1,073 and No. 5893 for $502. 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 17,500 9,966 11,501 10 points 19,035 eBook Print References CHECKS AND DEBITS Date No. Amount 09/03 5888 173 09/04 5902 755 09/07 5901 1,873 09/17 654 NSF 09/20 5905 991 09/22 5903 432 09/22 5904 2,101 09/28 5907 225 09/29 5909 1,862 DEPOSITS AND CREDITS Date Amount 09/05 09/12 2.253 09/21 4,137 09/25 2,347 09/30 19 IN 09/30 1,600 CH From Chavez Company's Accounting Recorder 2 From Chavez Company's Accounting Records Part 1 of 2 Cash Receipts Deposited Cash Date Debit Sept. 5 1,145 12 2,253 21 4,137 25 2,347 30 1,728 11,610 10 points eBook Print References Cash Payments Cash Check No. Credit 5901 1,873 5902 755 5903 432 5904 2,062 5905 991 5906 955 5907 225 5908 371 5909 1,862 9,526 napter 8 Study Guide 6 ation.com%252Fmghmiddleware Seved Help Sav 2 PR Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Debit Credit Acct. No. 101 Balance 15,925 27,535 18,699 R12 D23 t 1 of 2 11,610 9,526 5 Additional Information (a) Check No. 5904 is correctly drawn for $2,101 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 $2,062 (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 $1,600 note for Chavez Company by the bank. The collection is not yet recorded Book Print erences Required: 1 Prenare the September 30 bank reconciliation for this company Saved . 2 Required information Part 1 of 2 CHAVEZ COMPANY Bank Reconciliation September 30 19,035 Book balance Add 10 points Bank statement balance Add: $ eBook Print 0 References 19,035 Deduct Deduct Adjusted bank balance S 19.035 Adjusted book balance