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, Number 5888 for $1,091 and Number 5893 for $518. Check Number 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 17,000 9,852 11,728 18,876 CHECKS AND DEBITS Date Number DEPOSITS AND CREDITS Amount Date Amount 09/03 5888 1,091 09/05 1,160 09/04 5902 769 09/12 2,260 09/07 5901 1,827 09/21 4,488 09/17 636 NSF 09/25 2,303 09/20 5905 931 09/30 17 IN 09/22 5903 385 09/30 1,500 CM 09/22 5904 2,094 09/28 5907 253 09/29 5909 1,866 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,160 September 12 2,260 September 21 4,488 September 25 2,303 September 30 1,800 12,011 Cash Payments Check Number Cash Credit 5901 1,827 5902 769 5903 385 5904 2,056 5905 931 5906 1,017 5907 253 5908 409 5909 1,866 9,513 Cash Account Number 101 Date Explanation PR Debit Credit Balance August 31 Balance 15,391 September 30 September 30 Total receipts Total payments R12 D23 12,011 27,402 9,513 17,889 Additional Information (a) Check Number 5904 is correctly drawn for $2,094 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 $2,056. (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 $1,500 note for Chavez Company by the bank. The collection is not yet recorded. Required: 1. Prepare the September 30 bank reconciliation for this company. Bank statement balance Add: Deduct: CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: Deduct: Adjusted bank balance Adjusted book balance