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 $1,005 and No. 5893 for $509. 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 9,727 TOTAL DEPOSITS AND CREDITS 11,531 CURRENT BALANCE 21,304 CHECKS AND DEBITS Date NO. Amount 09/03 5888 1,005 09/04 5902 705 09/07 5901 1,805 09/17 600 NSF 09/20 5905 938 09/22 5903 447 09/22 5904 2,128 09/28 5907 213 09/29 5909 1,886 DEPOSITS AND CREDITS Date Amount 09/05 1,105 09/12 2,287 09/21 4,192 09/25 2,304 09/30 13 IN 09/30 1,630 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,105 12 2,287 21 4,192 25 2,304 30 1,748 11,636 Cash Payments Cash Check No. Credit 5901 1,805 5902 705 5903 447 5904 2,084 5905 938 5906 977 5907 213 5908 353 5909 1,886 9,408 PR Debit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Credit Balance 17,986 29,622 9,408 20,214 R12 D23 11,636 Additional Information (a) Check No. 5904 is correctly drawn for $2,128 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 $2,084. (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 $1,630 note for Chavez Company by the bank. The collection is not yet recorded. Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Bank statement balance Add: Add: o 0 0 0 Deduct: Deduct: 0 0 Adjusted bank balance $ 0 Adjusted book balance $ 0 2. Prepare journal entries to adjust the book balance of cash to the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry related to the September 30 deposit, if required. Note: Enter debits before credits. Date General Journal Debit Credit Sept 30 Record entry Clear entry View general journal