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 $1,041 and No. 5893 for $492 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 TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CREDITS 19,500 11,398 21,032 CURRENT BALANCE 9,866 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,041 09/84 5902 777 09/07 5901 1,840 09/17 663 NSF 09/20 5905 951 09/22 5903 369 09/22 5964 2,074 09/28 5907 252 09/29 5909 1,899 DEPOSITS AND CREDITS Date Amount 09/05 1,197 09/12 2,267 09/21 4,010 09/25 2,349 09/30 15 IN 09/30 1,560 CM From Chavez Company's Accounting Records Cash Receiots Deposited From Chavez Company's Accounting Records 2. Cash Receipts Deposited Cash Date Debit Sept. 5 1,197 12 2,267 21 4,019 25 2,349 30 1,787 11,610 es Cash Payments Cash Check No. Credit 5901 1,840 5902 777 5903 369 5994 2,036 5905 951 5906 998 5907 252 5908 367 5989 1,899 9,489 NA 161 fach d SOVE ch 9,489 PR Cash Date Explanation Aug. 01 Balance Sept. 30 Total receipts 30 Total payments Debit Credit Acct. No. 101 Balance 17,967 29,577 20,088 R12 023 11,610 9,489 Additional Information (a) Check No. 5904 is correctly drawn for $2,074 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 $2,036 (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: 1. Prepare the September 30 bank reconciliation for this company Required: 1. Prepare the September 30 bank reconciliation for this company CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add Bank statement balance Add Deduct Deduct Adjusted bank balance Adjusted book balance Rrey Next