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 $1,069 and No. 5893 for $484. 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
20,000	9,836	11,524	21,688

CHECKS AND DEBITS					DEPOSITS AND CREDITS
Date	No.	Amount			Date	Amount
09/03	5888	1,069			09/05	1,170
09/04	5902	720			09/12	2,270
09/07	5901	1,823			09/21	4,153
09/17		601	NSF		09/25	2,308
09/20	5905	935			09/30	23	IN
09/22	5903	433			09/30	1,600	CM
09/22	5904	2,118
09/28	5907	264
09/29	5909	1,873

From Chavez Companys Accounting Records

Cash Receipts Deposited
Date		Cash Debit
Sept.	5		1,170
	12		2,270
	21		4,153
	25		2,308
	30		1,775
			11,676

Cash Payments
Check No.		Cash Credit
5901			1,823
5902			720
5903			433
5904			2,076
5905			935
5906			992
5907			264
5908			366
5909			1,873
			9,482

Cash			Acct. No. 101
Date	Explanation	PR	Debit	Credit	Balance
Aug. 31	Balance				18,447
Sept. 30	Total receipts	R12	11,676		30,123
30	Total payments	D23		9,482	20,641

Additional Information

1. (a) Check No. 5904 is correctly drawn for $2,118 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 $2,076.
2. (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.
3. (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

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

2.Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)