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 $1,036 and No. 5893 for $496. 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 TOTAL DEPOSITS AND CREDITS PREVIOUS BALANCE 17,000 TOTAL CHECKS AND DEBITS 9,899 CURRENT BALANCE 18,934 11,833 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,036 09/04 . 5902 762 09/07 5901 1,803 09/17 002 691 NSF 09/20 - 5905 974 09/22 5903 427 09/22 5904 2,094 09/28 5907 226 09/29 5909 1,886 DEPOSITS AND CREDITS Date Amount 09/05 1,202 09/12 2,243 09/21 4,422 09/25 2,310 09/30 16 IN 09/30 1,640 CM From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1, 202 12 2,243 21 4,422 25 2,310 30 1,663 11,840 Cash Payments Cash Check No. Credit 5901 1,803 5902 5903 5904 09 5905 5906 5907 5908 5909 762 162 427 2,052 974 975 226 434 1,886 9,539 Date PR Debit Cash Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Credit Balance 15,468 27,308 9,539 17,769 R12 D23 11,840 Additional Information (a) Check No. 5904 is correctly drawn for $2,094 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 $2,052. (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 $1,640 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: Deduct: Deduct: Adjusted bank balance Adjusted book balance