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, 2018, bank statement included the following information:

Balance, October 1, 2018$32,650Deposits84,000Checks processed(73,200)Service charges(310)NSF checks(1,560)Monthly loan payment deducteddirectly by bank from account(includes $360 in interest)(2,960)Balance, October 31, 2018$38,620

The company's general ledger cash (checking) account had a balance of $42,468 at the end of October. Deposits outstanding totaled $4,184, and all checks written by the company were processed by the bank except for those totaling $5,580. In addition, a check for $460 for the purchase of office furniture was incorrectly recorded by the company as a $46 disbursement. The bank correctly processed the check during October.

Required:

1.provide bank reconciliation for the month of October. (balance per book and per bank)

2.Prepare the necessary journal entries at the end of October to adjust the general ledger cash account.