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 $1,099 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 17,000 TOTAL CHECKS AND DEBITS 9,847 TOTAL DEPOSITS AND CREDITS 11,471 CURRENT BALANCE 18,624 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,099 09/04 5902 763 09/07 5901 1,810 09/17 609 NSF 09/20 5905 950 09/22 5903 395 09/22 5904 2,097 09/28 5907 232 09/29 5909 1,892 DEPOSITS AND CREDITS Date Amount 09/05 1,178 09/12 2,248 09/21 4,142 09/25 2,319 09/30 14 IN 09/30 1,570 CM CHECKS AND DEBITS Date No. Amount 09/03 5888 1,099 09/04 5902 763 09/07 5901 1,810 09/17 609 NSF 09/20 5905 950 09/22 5903 395 09/22 5904 2,097 09/28 5907 232 09/29 5909 1,892 DEPOSITS AND CREDITS Date Amount 09/05 1,178 09/12 2,248 09/21 4,142 09/25 2,319 09/30 14 IN 09/30 1,570 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,178 12 2,248 21 4,142 25 2,319 30 1,743 11,630 Cash Payments Cash Check No. Credit 5901 1,810 5902 763 5903 395 5904 2,053 5904 5905 5906 5907 5908 5909 2,05 950 1,002 232 355 1,892 9,452 PR Debit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Credit Balance 15,409 27,039 9,452 17,587 11,630 R12 D23 Additional Information (a) Check No. 5904 is correctly drawn for $2,097 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 $2,053. (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 $1,570 note for Chavez Company by the bank. The collection is not yet recorded. CHAVEZ COMPANY Bank Reconciliation September 30 Bank statement balance Book balance Add: Add: Deduct: Deduct: Adjusted bank balance Adjusted book balance