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 $1,098 and No. 5893 for $517. 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 9,973 TOTAL DEPOSITS AND CREDITS 11,650 CURRENT BALANCE 21,177 CHECKS AND DEBITS DEPOSITS AND CREDITS Date No. Amount Date Amount 09/03 5888 1,098 09/05 1,167 09/04 5902 799 09/12 2,258 09/07 5981 1,844 09/21 4,263 09/17 613 NSF 09/25 2,381 09/20 5905 968 09/30 21 IN 09/22 5903 439 09/30 1,560 CM 09/22 5984 2,068 09/28 5907 279 09/29 5989 1,873 From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 12 21 25 30 52259 1,167 2,258 4,263 2,381 1,693 11,762 Cash Payments Cash Check No. Credit 5901 1,844 5902 799 5903 439 5904 2,024 5905 960 5906 1,006 5907 279 5908 446 5909 1,873 9,670 Cash Date Explanation Acct. No. 101 PR Debit Credit Balance Aug. 31 Balance 17,885 Sept. 30 Total receipts R12 11,762 29,647 30 Total payments D23 9,670 19,977 Additional Information (a) Check No. 5904 is correctly drawn for $2,068 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 $2,024. (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. Bank statement balance Add: Deduct: Adjusted bank balance $ CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: 0 0 Deduct: 0 0 Adjusted book balance 00 0 0