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(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

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(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 $1,012 and No. 5893 for $518. The following information is available for its September 30 reconciliation From the September 30 Bank Statement PREVIOUS BALANCE 18,eee TOTAL CHECKS AND DEBITS 9,751 TOTAL DEPOSITS AND CREDITS 11,640 CURRENT BALANCE 19,889 CHECKS AND DEBITS Date No. Amount 29/ 5883 1,012 09/04 5902 742 09/07 5901 1,881 09/17 687 NSF 09/20 59es 05/22 590) 382 09/22 5904 2.990 09/28 5007 224 09/29 5909 DEPOSITS AND CREDITS Date Amount 09/05 1,150 09/12 2,287 09/21 4.312 09/25 2,316 09/30 18 IN 29/30 1,557 CH From Chavez Company's Accounting Records Cash Receipts Deposited Debit Sept. 5 12 2,287 21 4,312 25 2,316 30 11,552 Activate Win Go to Settings to to search o i DIL * 12 14 Prisen F6 F7 Home 59 End $10 Pgup 511 S A % 5 4 & 7 6 9 0 W E R . Y U s DF G H J L B N M Saved Help Save & Exit Su Check my we 1,881 742 Cash Disbursements Cash Check No. Credit 5981 5902 5903 382 5984 2,058 942 5906 978 5907 224 5988 400 5909 1,863 9,470 59es PR Debit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 3e Total disbursements Acct. No. 101 Credit Balance 16,470 28,322 9,470 18,852 R12 D23 11,852 Additional Information Check No. 5904 is correctly drawn for $2,098 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 $2,058. 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 (CM) is from the collection of a $1,580 note for Chavez Company by the bank. The bank deducted a $23 collection expense. The collection and expense are not yet recorded Required: 1. Prepare the September 30 bank reconciliation for this company Activate Windows Go to Settings to activate Required: 1. Prepare the September 30 bank reconciliation for this company. 2 50:09 Bank statement balance Add: Deposit of Sept. 30 CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: Interest earned Proceeds of note less $23 fee 0 0 0 0 Deduct: Check No. 5893 Check No. 5906 Check No. 5908 Deduct: NSF check Error (check 5904) 0 0 Adjusted bank balance $ O Adjusted book balance $ Activate Go to Sotti 2....pdf ere to search o

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