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 $1,045 and No. 5893 for $490. 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 18,000 TOTAL CHECKS AND DEBITS 9,928 TOTAL DEPOSITS AND CREDITS 11,644 CURRENT BALANCE 19,716 CHECKS AND DEBITS Date No. Amount 09/03 5888 1,845 09/04 5902 731 09/07 5901 1,840 09/17 655 NSF 89/20 968 09/22 5903 40e 09/22 5984 2,143 09/28 5907 266 09/29 5909 1,880 DEPOSITS AND CREDITS Date Amount 09/05 1,156 e9/12 2,287 09/21 4,290 09/25 2,367 @9/30 24 IN 09/30 1,520 CM 59es From Chavez Company's Accounting Records Cash Receipts Deposited Cash Date Debit Sept. 5 1,156 12 2,287 21 4,290 25 2,367 3e 1,705 11,805 Cash Payments Cash Check No. Credit 5981 1,840 5902 731 5903 400 5984 2.100 Cash Payments Cash Check No Credit 5901 1,840 5902 731 5903 480 5904 2.100 5905 968 5906 1,020 5907 266 5908 421 5909 1,880 9,626 PR Debit Credit Cash Date Explanation Aug. 31 Balance Sept. 30 Total receipts 3e Total payments Acct. No. 103 Balance 26,465 28, 270 18,644 R12 11,8e5 023 9.626 Additional Information (a) Check No. 5904 is correctly drawn for $2,143 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 $2,100. (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 $1,520 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 Add: Bank statement balance Add 2 0 0 Deduct: Deduct: 0 Adjusted bank balance Adjusted book balanco S