[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 $491. 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 18,500 TOTAL CHECKS AND DEBITS 9,938 TOTAL DEPOSITS AND CREDITS 11,538 CURRENT BALANCE ze, 10e No. 713 CHECKS AND DEBITS Date Amount 09/03 5888 1,099 09/04 5902 09/07 59e1 1,827 09/17 544 NSF e9/2e 5985 964 89/22 5903 439 09/22 5984 2,138 09/28 5907 238 09/29 5909 1,876 DEPOSITS AND CREDITS Date Amount e9/05 1,145 09/12 2,267 09/21 4,278 09/25 2,325 09/30 13 IN 09/30 1,510 CM From Chavez Company's Accounting Records From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,145 12 2,267 21 4,278 25 2,325 3e 1,730 11, 745 7 Cash Payments Cash Check No. Credit 5981 1,827 5902 713 5903 439 5984 2,097 59e5 964 5986 1,846 5987 238 5908 486 5909 1,876 9,686 Check PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments Acct. No. 101 Balance 16,910 28,655 19,849 R12 D23 11,745 9,606 Additional Information (a) Check No. 5904 is correctly drawn for $2,138 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 (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 $1,510 note for Chavez Company by the bank. The collection is not yet recorded. 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.) C 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 outstanding checks, if required. Note: Enter debits before credits. Date General Journal Debit Credit Sept 30 ul can to the reconciled balance. (if no entry is transaction/event, select "No journal entry required in the first account field.) of 2 View transaction list Journal entry worksheet bed