Balloon Supply Co. reconciled its bank statement balances of Cash on October 31 and showed two cheques outstanding at that time, #1388 for $14,650 and #1393 for $9,800. The following information was available for the November 30, 2023, reconciliation:

Cheque #1404 was correctly written for $2,601 to pay for computer equipment: however, the bookkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash as though it were for $6,201.
The NSF cheque was originally received from a customer, Jerry Skyles, in payment of his account. Its return was not recorded when the bank first notified the company.
The credit memo resulted from receiving an electronic fund transfer of $10,700 for a customer payment. The bank had deducted a $150 bank service charge fee. The collection has not been recorded in the books.

Required
1. Prepare a November 30 bank reconciliation for the company.
2. Prepare the general journal entries needed to adjust the book balance of Cash to the reconciled balance.

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From the November 30 bank statement: 63,568 Balance of previous statement on Oct. 31/2023 106,980 6 deposits and other credits totalling 9 cheques and other debits totalling Current balance as of November 30/2023 46,675 123,873 Date Amount Transaction Description Date Nov. 05 21,640 +Deposit 12 956 +Deposit 1,810 -NSF cheque +Deposit 17 21 1,164 Chequing Account Transactions Date Cheque No. Nov. 03 1402 04 1403 08 1388 12 1401 Amount 9,325 11,500 14,650 18,600 Nov. 25 29,008 30 250 30 10,550 Date Nov. 17 Amount Transaction Description +Deposit +Interest +Credit memo 20 27 29 Cheque No. 1409 1405 1407 1404 Amount 12,125 14,850 38,412 2,601