Date 560 The May, 2020 cash records of Rockin' Gyrations, Inc., a disc jockey service, follows: Cash Receipts Cash Payments Cash Debit Check Cash Credit May 4 4,150 1416 850 May 9 540 1417 160 May 14 1418 670 May 17 2,190 1419 1,690 May 31 1,870 1420 1,450 1421 1,200 1422 640 Rockin' Gyrations, Inc., Cash account shows a balance of $ 16,650 at May 31, 2020. On May 31, 2020, the corporation received the following bank statement from Chino National Bank, Chino, California: Chino National Bank Statement for May, 2020 Balance, May $14,000 Deposits and other credits: May 01 EFT$200 May 05 4,150 May 10 540 May 15 560 May 18 2,190 May 22 BC 1.700 9,340 Checks and other Debits: May 08 NSFS700 Page 2: (Chino National Bank Statement for May, 2020] Continued Check #1416 850 EFT400 160 670 May 11 May 19 May 22 May 29 May 31 #1419 May 31 Check #1417 Check #1418 Check 1,960 SC10 (4.750 Balance, May 31 18,590 Explanations: BCBank Collection; EFT---electronic funds transfer; NSF---nonsufficient funds checks; SC---service charge Additional data for the bank reconciliation follow: a. The EFT deposit was a receipt of a customer booking arrangement. The EFT debit was an instrument repair. b. The NSF check was received from a customer c. The $1,700 bank collection was for a note receivable. d. The correct amount of check number 1419 for rent expense is $1,960. The bookkeeper mistakenly recorded the check for $1,690 1. Prepare the bank reconciliation of Rockin' Gyrations, Inc., at May 31, 2020. 2. Journalize any required entries from the bank reconciliation. {Check figure for adjusted balance per books and bank: $ 17,170)