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 $1,046 and No. 5893 for $498. The following information is available for its September 30, 2017, reconciliation. From the September 30 Bank Statement PREVIOUS BALANCE TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CREDITS CURRENT BALANCE 18,500 9,794 11,616 20,322 CHECKS AND DEBITS DEPOSITS AND CREDITS Date No. Amount Date Amount 09/03 5888 1,046 09/05 1,140 09/04 5902 703 09/12 2,293 09/07 5901 1,894 09/21 4,242 09/17 647 NSF 09/25 2,364 09/20 5905 948 09/30 16 IN 09/22 5903 361 09/30 1,561 CM 09/22 5904 2,099 09/28 5907 230 09/29 5909 1,866 From Chavez Companys Accounting Records Cash Receipts Deposited Date Cash Debit Sept. 5 1,140 12 2,293 21 4,242 25 2,364 30 1,692 11,731 Cash Disbursements Check No. Cash Credit 5901 1,894 5902 703 5903 361 5904 2,061 5905 948 5906 961 5907 230 5908 373 5909 1,866 9,397 Cash Acct. No. 101 Date Explanation PR Debit Credit Balance Aug. 31 Balance 16,956 Sept. 30 Total receipts R12 11,731 28,687 30 Total disbursements D23 9,397 19,290 Additional Information Check No. 5904 is correctly drawn for $2,099 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 $2,061. 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. The credit memorandum is from the collection of a $1,580 note for Chavez Company by the bank. The bank deducted a $19 collection fee. The collection and fee are not yet recorded. 2. Prepare the 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.)