On October $31,2024,$ Affleck Company$$s general ledger shows a cash account balance of $$8,433.$ The company$$s cash receipts for the month total $$74,560,$ of which $$71,355$ has been deposited in the bank. In addition, the company has written checks for $$72,503,$ of which $$71,198$ has been processed by the bank.

The bank statement reveals an ending balance of $$12,603$ and includes the following items not yet recorded by Affleck: bank service fees of $$270,$ note receivable collected by the bank of $$6,200,$ and interest earned on the note of $$920.$ After closer inspection, Affleck realizes that the bank incorrectly charged the company$$s account $$780$ for an automatic withdrawal that should have been charged to another customer$$s account. The bank agrees to the error.

Required:

$1.$ Prepare a bank reconciliation to calculate the correct ending balance of cash on October $31,2024.$

$2.$ Record the necessary entries to adjust the balance for cash.