Insect Exterminators Company performs insect extermination services. On October 31, 2017, the company's cash account per its general ledger showed a balance of Rs. 46,320. The bank statement from Central Bank on that date showed the balance of Rs. 40,700. A comparison of the details on the bank statement with the details in the cash account revealed the following facts. 1. The statement included a debit memo of Rs. 500 for the printing of additional company cheques. 2. Cash sales of Rs. 3,420 on October 6 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for Rs. 3,720. The bank credited Insect Exterminators Company for the correct amount. 3. Outstanding cheques at October 31 totaled Rs. 12,500, and deposits in transit were Rs. 23,900. 4. On October 13, the company issued cheque No. 4263 for Rs. 1,960 to Mr. Iqbal, on account. The cheque was incorrectly journalized and posted by Insect Exterminators Company for Rs. 1,690. 5. A Rs. 10,000 note receivable was collected by the bank for Insect Exterminators Company on October 31 plus Rs. 500 interest. The bank charged a collection fee of Rs. 150. 6. Included with the canceled cheques was a cheque issued by Fig Company for Rs. 1,200 that was incorrectly charged to Insect Exterminators Company by the bank. 7. On October 31, the bank statement showed an NSF charge of Rs. 2,300 for a cheque issued by Javeria Soomro, a customer, to Insect Exterminators Company on account. Required a). Prepare the bank reconciliation at October 31, 2017. b). Prepare the necessary adjusting entries for Insect Exterminators Company at October 31, 2017