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, Number $5888$ for $$1,029$ and Number $5893$ for $$498.$ Check Number $5893$ was still outstanding

as of September $30.$ The following information is available for its September $30$ reconciliation.

From the September $30$ Bank Statement

From Chavez Company's Accounting Records

Additional Information

$($a$)$ Check Number $5904$ is correctly drawn for $$2,053$ 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 $$2,011.$

$($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 $$1,540$ note for Chavez Company by the bank. The collection is

not yet recorded.

Required:

Prepare the September $30$ bank reconciliation for this company.