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 $1,073 and No. 5893 for $481. 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 17,000 TOTAL CHECKS AND DEBITS 9,872 TOTAL DEPOSITS AND CREDITS 11,424 CURRENT BALANCE 18,552 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,073 09/04 5902 710 09/07 5901 1,879 09/17 688 NSE 09/20 5905 941 09/22 5903 350 09/22 5904 2,136 09/28 5907 242 09/29 5909 1,853 DEPOSITS AND CREDITS Date Amount 09/05 1,107 09/12 2,224 09/21 4,151 09/25 09/30 18 IN 09/30 1,560 CM 2,364 From Chavez Company's Accounting Records Cash Receipts Deposited From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,107 12 2,224 21 4,151 25 2,364 30 1,699 11,545 Cash Payments Cash Check No. Credit 5901 1,879 5902 710 5903 350 5904 2,095 5905 941 5906 1,027 5907 242 5908 416 5909 1,853 9,513 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 15,446 26,991 17, 478 11, 545 R12 D23 9,513 Additional Information (a) Check No. 5904 is correctly drawn for $2,136 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 $2,095. (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 $1,560 note for Chavez Company by the bank. The collection is not yet recorded. Required: Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Bank statement balance Book balance Add: Add: Deduct: Deduct Adjusted bank balance Adjusted book balance