Chavez Company most recently reconciled its bank statement andbook balances of cash on August 31 and it reported two checksoutstanding, No. 5888 for $1,037 and No. 5893 for $508. Thefollowing information is available for its September 30, 2017,reconciliation. From the September 30 Bank Statement PREVIOUSBALANCE TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CREDITS CURRENTBALANCE 20,000 9,783 11,411 21,628 CHECKS AND DEBITS DEPOSITS ANDCREDITS Date No. Amount Date Amount 09/03 5888 1,037 09/05 1,18709/04 5902 708 09/12 2,242 09/07 5901 1,852 09/21 4,103 09/17 657NSF 09/25 2,342 09/20 5905 926 09/30 22 IN 09/22 5903 412 09/301,515 CM 09/22 5904 2,121 09/28 5907 215 09/29 5909 1,855 FromChavez Company’s Accounting Records Cash Receipts Deposited DateCash Debit Sept. 5 1,187 12 2,242 21 4,103 25 2,342 30 1,718 11,592Cash Disbursements Check No. Cash Credit 5901 1,852 5902 708 5903412 5904 2,078 5905 926 5906 998 5907 215 5908 356 5909 1,855 9,400Cash Acct. No. 101 Date Explanation PR Debit Credit Balance Aug. 31Balance 18,455 Sept. 30 Total receipts R12 11,592 30,047 30 Totaldisbursements D23 9,400 20,647 Additional Information Check No.5904 is correctly drawn for $2,121 to pay for computer equipment;however, the recordkeeper misread the amount and entered it in theaccounting records with a debit to Computer Equipment and a creditto Cash of $2,078. The NSF check shown in the statement wasoriginally received from a customer, S. Nilson, in payment of heraccount. Its return has not yet been recorded by the company. Thecredit memorandum is from the collection of a $1,540 note forChavez Company by the bank. The bank deducted a $25 collection fee.The collection and fee are not yet recorded. Required: 1. Preparethe September 30, 2017, bank reconciliation for this company.

2. Prepare the journal entries to adjust thebook balance of cash to the reconciled balance. (If noentry is required for a transaction/event, select "No journal entryrequired" in the first account field.)

• 1 Record the entry related to the September 30 deposit, ifrequired.

• 2 Record the entry related to interest earned, if required.

• 3 Record the entry related to the note receivable and thecollection fee, if required.

• 4 Record the entry related to the outstanding checks, ifrequired.

• 5 Record the entry related to the NSF check, if required.

• 6 Record the entry related to the error on check 5904, ifrequired.