Lyryx 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, 2014, reconciliation:
From the November 30 bank statement:
BALANCE OF PREVIOUS STATEMENT ON OCT. 31/14.................106,980
5 DEPOSITS AND OTHER CREDITS TOTALLING......................... 63,568
9 CHEQUES AND OTHER DEBITS TOTALLING...........................123,873
CURRENT BALANCE AS OF NOVEMBER 30/14 ........................... 46,675

From Lyryx Co.'s accounting records:

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 memorandum resulted from the collection of a $10,700 note for Lyryx by the bank. The bank had deducted a $150 collection fee. The collection has not been recorded.
Required
1. Prepare 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.