The cash records and bank statement for the month of May for Copperfield Entertainment are shown below.

Description DEP Customer deposit INT Interest earned SF Service fees

NOTE Note collected CHK Customer check NSF Nonsufficient funds

EFT Electronic funds transfer DC Debit card

Additional information:

The difference in the beginning balances in the company$$s records and the bank statement relates to checks number $469$ and number $470,$ which are outstanding as of April $30,2024($prior month$).$

The bank made the EFT on May $20$ in error. The bank accidentally charged Copperfield for payment that should have been made on another account.

Required:

$1.$ Prepare a bank reconciliation for Copperfield's checking account on May $31,2024.$

$2.$ Record the necessary cash adjustments.Problem $4-3$A $($Algo$)$ Prepare the bank reconciliation and record cash adjustments $($L$04-5)$

The cash records and bank statement for the month of May for Copperfield Entertainment are shown below.

Account Sunmary

Description DEP Customer deposit INT Interest earned SF Service fees

NOTE Note collected CHK Customer check NSF Nonsufficient funds.