Problem $3(15$ points$)$

Mr$.$ Vernon Gaines received the September bank statement for The Pit on October $27.2022.$ The September $30$ bank statement shows an ending cash balance of $$63,403.$ The general ledger Cash account, Number $101,$ shows an ending cash balance per book of $$68,057$ as of September $($before any reconciliation$).$ A comparison of the bank statement with the general ledger Cash account, Number $101,$ reveals the following.

The bank erroneously cleared a $$500$ check against the company account in September that Mr$.$ Gaines did not issue.

On September $25,$ the bank statement lists a $$50$ NSF check received from a customer, Kinu Owens, in payment of her account. Mr$.$ Gaines has not yet recorded this transaction.

On September $26,$ the bank statement lists a $$102$ charge for printed checks that The Pit ordered from the bank. Mr$.$ Gaines has not yet recorded this expense.

On September $30,$ the bank statement lists $$33$ interest earned on The Pit's checking account for the month of September. Mr$.$ Gaines has not yet recorded this revenue.

Mr$.$ Gaines notices that check #$1027$ he issued for $$1,208$ on September $29,2022,$ has not yet cleared the bank.

The Pit's September ${30}^{th}$ daily cash receipts of $$5,243$ were placed in the bank's night depository on that date but did not appear on the September ${30}^{th}$ bank statement.

Required:

Prepare a bank reconciliation for The Ptr$.$ for the month ending September $30,2022.$

Prepare the journal entries necessary to make the company's book balance of cash equal