Brown Corporation's bank statement for September 30 showed a balance of $2,625. The company's Cash account in its general ledger showed a $1,995 debit balance. The following information was also available as of September 30: A customer's note for $1,175 was collected by the bank; outstanding checks amounted to $1,345; a $15 checks printing fee was charged on September 30 bank statement; a $325 NSF check was returned to Brown Corporation; the September 30 cash receipts, $1,550, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30 bank statement.

REQUIRED: (a) Prepare a bank reconciliation as of September 30.

(b) Prepare any necessary adjusting journal entries necessary as a result of the bank reconciliation.