The Robert Matthew Company maintains a checking account at the Bank of New Hampshire. The bank provides a bank statement along with canceled checks on the last day of each month. The October 31, 2021 bank statement and general ledger included the following summarized information:

	BANK	BOOK
Balance at October 1, 2021	$32,690	33,140
Deposits	86,000	91,824
Checks processed	(75,200)	(80,820)
Service charges	(350)
NSF checks	(1,600)
Monthly loan payment properly deducted by bank (includes interest of $400)	(3,400)
Balance at October 31, 2021	$38,140	$44,144

The companys general ledger cash (checking) account had a balance of $44,144 at the end of October. Deposits outstanding totaled $5,824, and all checks written by the company were processed by the bank except for those totaling $5,620. In addition, a check for $500 for the purchase of office furniture was incorrectly recorded by the company as a $50 disbursement. The bank correctly processed the check during October.

Required:

1. Prepare the 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. Journal entry explanations are not required.

JOURNAL ENTRIES RELATED TO BANK RECONCILIATION
DATE	DR/CR	ACCOUNT NAME	DR Amt	CR Amt
	DR
	CR
	DR
	CR
	DR
	CR
	DR
	CR
	DR
	CR