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 $1,097 and No. 5893 for $504. 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 cBook PREVIOUS BALANCE 19,000 TOTAL CHECKS AND DEBITS 10,045 TOTAL DEPOSITS AND CREDITS 11,440 CURRENT BALANCE 20,395 Print eferences CHECKS AND DEBITS Date to. Amount 09/03 5888 1.097 09/04 5902 795 09/07 5901 1,363 09/12 645 NSF 09/20 5905 933 09/22 5903 443 09/22 5904 2,146 09/28 5907 253 09/20 5900 DEPOSITS AND CREDITS Date Amount 09/05 1.168 09/12 2.242 09/21 4.153 09/25 2.335 09/30 22 IN 09/30 1,520 CH From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,168 12 2,242 21 4,153 25 2,335 30 1,683 11,581 Cash Payments Cash Check No. Credit 5901 1,863 5902 795 5903 443 5904 2,107 5905 933 5906 1,001 5907 253 5908 442 5909 1,870 9,707 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 17,399 28,980 19,273 R12 D23 11,581 9,707 Additional Information (a) Check No. 5904 is correctly drawn for $2,146 to pay for computer equipment; however, the recordkeeper misdad the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,107. (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 $1,520 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 20,395 Book balance Add $ 19,273 Bank statement balance Add Deposit of Sept. 30 Interest earned 0 0 20,395 Deduct 19 273 Deduct Check No. 5893 504 Adjusted bank balance $ 504 19.891 Adjusted book balance 0 19273 $