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 $1.007 and Number 5893 for $505. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation Date Description Withdrawals Deposits Balance September 1 $ 20,000 September 3 Check #5888 $ 1,807 $ 18,993 September 4 Check #5902 5 733 $ 18,260 September 5 Cash deposit $ 1,125 $ 19,385 September 7 Check #5901 $ 1,880 $ 17,585 September 12 Cash deposit 5 2,254 $ 19,759 September 17 NSF check $ 664 $ 19,095 September 20 Check #5905 $ 923 $ 18,172 September 21 Cash deposit $ 4,241 $ 22,413 September 22 Check #590) 5431 $ 21,982 September 22 Check #5904 $ 2,067 $ 19,915 September 25 Cash deposit $ 2,325 $ 22,240 September 28 Check 85907 $ 242 $ 21,998 September 29 Check #5909 $ 1,900 $ 20,098 September 30 Collected note $ 1,620 $ 21,715 September 30 Interest earned 520 $ 21,738 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,125 September 12 2,254 September 21 4,241 September 25 2,325 September 30 1,777 11,722 Cash Payments Check Number Cash Credit 5901 1,880 5902 733 5903 431 5904 2,025 5905 923 5906 1,004 5907 242 5908 428 5909 1,900 9,566 PR Debit Date August 31 September 38 September 30 Cash Explanation Balance Total receipts Total payments Account Number 101 Credit Balance 18,488 30, 210 9,566 20,644 R12 D23 11,722 Additional Information (a) Check Number 5904 is correctly drawn for $2.067 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 Cosh of $2.025. (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 collection of the note on September 30 is not yet recorded by the company. Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation Bank statement balance Add: September 30 Book balance Add 0 0 0 Deduct Deduct NSF check 664 0 0 Adjusted book balance 664 (664) $ $ Adjusted bank balance