The Fitzgerald Company maintains a checking account at the Bank of the North. The bank provides a bank statement along with canceled checks on the last day of each month. The October 31, 2016, bank statement included the following information:

Balance, October 1, 2016	$	32,670
Deposits		85,000
Checks processed		(74,200)
Service charges		(330)
NSF checks		(1,580)
Monthly loan payment deducted
directly by bank from account
(includes $380 in interest)		(3,180)
Balance, October 31, 2016	$	38,380

The companys general ledger cash (checking) account had a balance of $42,506 at the end of October. Deposits outstanding totaled $4,204, and all checks written by the company were processed by the bank except for those totaling $5,600. In addition, a check for $480 for the purchase of office furniture was incorrectly recorded by the company as a $48 disbursement. The bank correctly processed the check during October.

Required:
1.	Prepare a bank reconciliation for the month of October.

2.	Prepare the necessary journal entries at the end of October to adjust the general ledger cash account.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)