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 $1,028 and No. 5893 for $486. 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 9,822 TOTAL DEPOSITS AND CREDITS 11,476 CURRENT BALANCE 19,654 18,000 DEPOSITS AND CHECKS AND DEBITS CREDITS Date No. Amount Date Amount 09/03 5888 1,028 09/05 1,118 09/04 5902 755 09/12 2,260 09/07 5901 1,856 09/21 4,179 09/17 685 NSF 09/25 2,382 09/20 5905 920 09/30 17 IN 09/22 5903 363 09/30 1,520 CM LILLE HUU ULP5 CREDITS Date No. Amount Date Amount 09/03 5888 1,028 09/05 1,118 09/04 5902 755 09/12 2,260 09/07 5901 1,856 09/21 4,179 09/17 685 NSF 09/25 2,382 09/20 5905 920 09/30 17 IN 09/22 5903 363 09/30 1,520 CM 09/22 5904 2,142 09/28 5907 216 09/29 5909 1,857 From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,118 2,260 21 4,179 25 2,382 1,693 11,632 12 Cash Payments Check No. Credit 5901 1,856 5902 755 5903 363 5904 2,102 5905 920 5906 955 5907 216 5908 418 5909 1,857 9,442 Additional Information (a) Check No. 5904 is correctly drawn for $2,142 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 $2,102 (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 Book balance Add Bank statement balance Add Journal entry worksheet 2 3 4 5 Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits General Journal Debit Credit Date Sept 30 Record entry Clear entry View general Journal Journal entry worksheet