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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 $1,057 and No. 5893 for $504. The following information is available for its September 30, 2017, reconciliation.

From the September 30 Bank Statement

PREVIOUS BALANCE	TOTAL CHECKS AND DEBITS	TOTAL DEPOSITS AND CREDITS	CURRENT BALANCE
20,000	9,938	11,655	21,717

CHECKS AND DEBITS					DEPOSITS AND CREDITS
Date	No.	Amount			Date	Amount
09/03	5888	1,057			09/05	1,128
09/04	5902	761			09/12	2,246
09/07	5901	1,861			09/21	4,245
09/17		614	NSF		09/25	2,350
09/20	5905	946			09/30	18	IN
09/22	5903	426			09/30	1,668	CM
09/22	5904	2,140
09/28	5907	250
09/29	5909	1,883

From Chavez Companys Accounting Records

Cash Receipts Deposited
Date		Cash Debit
Sept.	5		1,128
	12		2,246
	21		4,245
	25		2,350
	30		1,699
			11,668

Cash Disbursements
Check No.		Cash Credit
5901			1,861
5902			761
5903			426
5904			2,098
5905			946
5906			1,031
5907			250
5908			351
5909			1,883
			9,607

Cash			Acct. No. 101
Date	Explanation	PR	Debit	Credit	Balance
Aug. 31	Balance				18,439
Sept. 30	Total receipts	R12	11,668		30,107
30	Total disbursements	D23		9,607	20,500

Additional Information Check No. 5904 is correctly drawn for $2,140 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 $2,098. 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 is from the collection of a $1,690 note for Chavez Company by the bank. The bank deducted a $22 collection fee. The collection and fee are not yet recorded.

Problem 8-5A Part 1

Required: 1. Prepare the September 30, 2017, bank reconciliation for this company.

2. Prepare the 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.)

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