The Cash account of ONECO Delivery Systems reported a balance of $2,480 at May 31. There were outstanding checks totaling $900 and a May 31 deposit in transit of $200. The bank statement listed a May 31 balance of $3,800. Included in the bank balance was a collection of $630 from Superman who owed ONECO a note receivable in that amount. The bank statement also shows a $20 service charge and $10 of interest revenue that ONECO earned on its bank balance

Prepare the journal entry or entries needed to correct the Cash account of ONECO.