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Ano anvenis penopies of Accounting 102 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 $1,087 and No. 5893 for $495. 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 19,000 TOTAL CHECKS AND DEDITS 9,842 CURRENT BALANCE 20,539 CHECKS AND DEBITS Date Amount 09/03 5888 1,087 09/04 5902 726 09/07 5901 1,863 09/17 10 WP 09/20 5905 09/22 5903 426 09/22 5904 2.085 09/28 5907 220 09/29 5909 1,856 DEPOSITS AND CREDITS Data Mount 09/05 1,129 09/12 2.275 09/21 4,087 09/25 2.367 09/30 12 IN 09/10 973 From Chavez Company's Accounting Records Cash Receipts Deposited Caw Debit Sept. 5 1,129 12 21 2.367 2.276 4.087 11,513 720 Cash Payments Cash Cheek Credit 5901 5902 5903 426 5905 2,043 5905 5906 5907 5908 Moot. No. 101 Dobit Credit Date Explanation Aug. 31 Balance Sept. 30 Total receipts 30 Total payments R12 D23 11.513 17.418 28.931 19,379 9,552 Additional Information (a) Check No. 5904 is correctly drawn for $2,085 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 $2.043 (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. Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Add: Bank statement balance Deduct Adjustod book b e

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