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 $1,071 and No. 5893 for $505. The following information is available for its September 30, 2017, reconciliation. From the September 30 Bank Statement PREVIOUS BALANCE 18,000 CHECKS AND DEBITS TOTAL CHECKS AND DEBITS 9,898 TOTAL DEPOSITS AND CREDITS 11,545 CURRENT BALANCE 19,647 DEPOSITS AND CREDITS Date No. Amount Date Amount 09/03 5888 1,071 09/05 1,122 09/04 5902 799 09/12 2,222 09/07 5901 1,853 09/21 4.346 09/17 686NSF 09/25 2,325 09/20 5905 917 09/30 12IN 09/22 5903 370 09/30 1,518CM 09/22 5904 2,068 09/28 09/29 5907 280 5909 1,854 From Chavez Company's Accounting Records E Next > From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,122 12 2,222 21 4,346 25 2,325 30 1,664 11,679 Cash Disbursements Cash Check No. Credit 5901 1,853 5902 799 5903 370 5904 2,028 5905 917 5906 962 5907 280 5908 357 5909 1,854 9,420 Cash Date Explanation Acct. No. 101 PR Debit Credit Balance Aug. 31 Balance 16,424 Sept. 30 Total receipts R12 11,679 28,103 30 Total disbursements 023 9,420 18,683 Additional Information 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 $2,028. 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. The credit memorandum is from the collection of a $1,540 note for Chavez Company by the bank. The bank deducted a $22 collection fee. The collection and fee are not yet recorded. 1. Prepare the September 30, 2017, bank reconciliation for this company. Bank statement balance Add CHAVEZ COMPANY Bank Reconciliation September 30, 2017 Book balance Add Deduct 0 0 . Deduct O Adjusted bank balance $ Adjusted book balance 0 $ 0 0 0