! 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 $1,020 and No. 5893 for $519. 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 19,500 TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CREDITS 11,907 CURRENT BALANCE 9,692 21,715 CHECKS AND DEBITS Date DEPOSITS AND CREDITS Date No. Amount Amount 09/03 09/04 5888 1,020 763 09/05 09/12 1,136 5902 2,294 4,496 09/07 5901 1,806 09/21 09/25 09/17 619 NSP 955 2,342 5905 09/20 09/22 09/30 19 IN 5903 351 09/30 1,620 CM 2,099 218 1,861 09/22 5904 5907 09/28 09/29 5909 From Chavez Company's Accounting Records Cash Receipts Deposited Cash Debit 1,136 2,294 4,496 2,342 1,737 Date Sept. 5 12 21 25 30 From Chavez Company's Accounting Records Cash Receipts Deposited Cash Debit Date Sept. 5 12 1,136 2,294 4,496 2,342 21 25 30 1,737 12,005 Cash Payments Cash Check No. Credit 5901 1,806 763 5902 5903 351 5904 2,059 955 952 218 5905 5906 5907 5908 427 5909 1,861 9,392 Acct. No. 101 Balance 17,961 29,966 20,574 Cash Explanation PR Debit Credit Date Aug. 31 Balance 12,005 Sept. 30 Total receipts 30 Total payments R12 D23 9,392 keeper misread the Additional Information (a) Check No. 5904 is correctly drawn for $2,099 to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records witha debit to Computer Equipment and a credit to Cash of $2,059 (b) The NSE 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 $1,620 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 Bank statement balance Book balance Add: Add: 0 Deduct Deduct: $ 0 Adjusted book balance Adjusted bank balance Next> 2 3 of 3 Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Bank statement balance Book balance Add: Add: 0 0 0 0 Deduct: Deduct 0 0 $ 0 Adjusted bank balance 0 Adjusted book balance of 3 Next >