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 $1,045 and No. 5893 for $492. 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 17,500 TOTAL CHECKS AND DEBITS 9,785 TOTAL DEPOSITS AND CREDITS 11,616 CURRENT BALANCE 19,331 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,945 09/04 5902 727 09/07 5901 1,803 09/17 690 NSF 09/20 5905 979 09/22 5903 357 09/22 5904 2,064 09/28 5907 240 09/29 5909 DEPOSITS AND CREDITS Date Amount 09/05 09/12 09/21 4,154 09/25 2,348 09/30 21 IN 09/30 1,640 CM 1, 196 2,257 1,880 From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,196 12 2,257 21 4,154 25 2,348 30 1,742 11,697 5903 Cash Payments Cash Check No. Credit 5901 1,803 5902 727 357 5994 2,022 5905 979 5906 1,017 5907 240 5908 411 5909 1,880 9,436 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 15,963 27,660 18,224 R12 D23 11,697 9,436 Required information PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 15,963 27,660 18,224 R12 D23 11,697 9,436 Additional Information (a) Check No. 5904 is correctly drawn for $2,064 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 $2,022 (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 $1,640 note for Chavez Company by the bank. The collection is not yet recorded. 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.) View transaction list Journal entry worksheet Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits. Date General Journal Debit Credit Sept 30 Record entry Clear entry View general journal