The Cash Account and Bank Statement for ABC Company for the Month

The cash account and bank statement for ABC Company for the month of October were as follows: $\begin{array} { | l | l | l | } \hline { \text { CASH ACCOUNT* } } \\\hline \text { Bal. Sept. 30 } & 11,000 & \text { Cheques } \\\hline \text { Deposits } & 30,000 & \\\hline\end{array}$ Other data for September:
Sept. 30 cash on hand, $500
Sept. 30 outstanding checks, $900
Sept. 30 deposits in transit, $1,400
October 31 cash on hand, $480.
BANK STATEMENT SUMMARIZED** $\begin{array} { | l | l | } \hline \text { Balance, Sept. } 30 & \$ 10,000 \\\hline \text { Deposits } & 21,400 \\\hline \text { Cheques } & ( 20,900 ) \\\hline \text { Note collected for ABC including 10\% interest } & 1,100 \\\hline\end{array}$
Returned cheque-previously
deposited cheque from customer $\begin{array} { | l | l | } \hline \text { BAD (NSF returned) } & ( 50 ) \\\hline \text { Bank charges for services } & ( 30 ) \\\hline \text { Balance, Oct. } 31 & \$ 11,520 \\\hline\end{array}$ Required:
(a) Complete a bank reconciliation in all respects (note-you must compute the outstanding cheques and unrecorded deposits on October 31):
(b) Give all journal entries that should be made based upon your bank reconciliation.