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 $1,024 and No. 5893 for $493. The following information is available for its September 30, 2017, reconciliation. From the September 30 Bank Statement PREVIOUS BALANCE 17,000 TOTAL CHECKS AND DEBITS 9,834 TOTAL DEPOSITS AND CREDITS 11,898 CURRENT BALANCE 19,064 759 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,024 89/84 5902 09/07 5901 1,860 09/17 668NSF 09/20 5905 970 @9/22 5903 353 09/22 5904 2,100 09/28 5907 09/29 5999 1,852 DEPOSITS AND CREDITS Date Amount 09/05 1,202 09/12 2,283 e9/21 4,485 09/25 2,343 09/30 23IN 09/30 1,562CM 248 From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,202 2,283 4,485 2,343 1,793 12,106 Cash Disbursements Cash Check No. Credit 5901 1,860 5902 759 5903 353 5904 2,056 5905 970 5906 1,014 5907 248 5908 435 5909 1,852 9,547 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total disbursements Acct. No. 101 Balance 15,483 27,589 18,042 R12 12,106 D23 9,547 Additional Information Check No. 5904 is correctly drawn for $2,100 to pay for computer equipment; however, the recordkeeper misread the in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,056. 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 $1,580 note for Chavez Company by the bank. The bank deducted a $18 collection fee. The collection and fee are not yet recorded. Required: 1. Prepare the September 30, 2017, bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30, 2017 Book balance Add: Bank statement balance Add: Deduct: Deduct: Adjusted bank balance 0 Adjusted book balance