Dean Kippen operates a roller skating center, Turn and Spin USA. He has just received the company's monthly bank statement at May (Click the icon to view the bank statement information.) (Click the icon to view the bank reconciliation.) Read the requirement. Bank Reconciliation May 31, 2018 Record the EFT deposit. Bank: Balance, May 31 $ 715 1,815 Credit Journal Entry Accounts and Explanations 31 Cash Rent Revenue Date May Debit 320 Add: Deposit in transit 320 Less: Outstanding checks 2,530 (608) 1,922 $ Adjusted bank balance EFT collection of rent. Books: Balance, May 31 Add: EFT collection - rent $ Record the correction of the book error. 1,942 320 2,262 Journal Entry Accounts and Explanations Date Debit Credit Less: May 31 $ Correction of book error NSF checks Charge for printed checks Service charge 207 115 10 (340) 1,922 $ Adjusted book balance