Cash Balance Cash Balance Checks May 31, 2015 May 1, 2015 + Deposits $5,450 $11,190 $11,200 $5,440 Deposits Checks Date Desc. Amount Date No. Desc Amount 1,290 5/3 Sales 5/7 471 Legal fees $1,130 512 472 Property tax 5/10 Sales 1,720 517 Sales 2,350 5/24 Sales 2,820 5/31 Sales 3,010 1,500 5/15 473 Salaries 3,430 5/22 474 Advertising 1,330 380 5/31 476 Salaries 3,430 5/30 475 Supplies $11,190 $11,200 .. Box 162647 Bowlegs, OK 74830 (405) 369-CASH MIDWEST BANK Member FDIC Looking Out For You Diaz Entertainment Account Number: 7772854360 Bowlegs, OK 74830 Statement Date: May 31, 2015 Withdrawals Account Holder 124 Saddle Blvd. Deposits and Credits Beginning Balance May 1, 2015 $6,090 and Debits Ending Balance No. Tta May 31, 2015 9 $8,723 No. Total 6,803 Daily Balance 7 $9,436 Deposits and Credits Withdrawals and Debits Date AmountDesc. Date No. Amount Desc. Date Amount 5/4 $1,290 DEP 5/1 469 $.380 CHK5/1 $5,710 5/11 1,720 DEP 5/2 470 260 CHK 5/2 5/18 2,350 DEP 5/9 471 1130 CHK 5/4 5/20 1,200 NOTE 5/11 5/20 5,450 6,740 5,610 7100 230 NSF 5/9 43 INT 5/12 472 1500 CHK 5/11 5/25 2,820 DEP 5/18 473 3,430 CHK 5/12 5,600 5/31 13 INT 5/20 430 EFT 5/18 4,520 5/25 474 1,330 CHK 5/20 5,333 33 SF 5/25 6,823 5/31 $6,803 5/31 9,436 $8,723 Desc.DEP Customer deposit INT Interest earned SF Service fees CHK Customer check NSF Nonsufficient funds NOTE Note collected EFT Electronic funds transfer Additional information: a. The difference in the beginning balances in the company's records and the bank statement relates to checks #469 and #470, which are outstanding as of April 30, 2015 b. The bank made the EFT on May 20 in error. The bank accidentally charged Diaz for payment that should have been made on another account. DIAZ ENTERTAINMEN Bank Reconciliation May 31, 2015 Bank's Cash Balance Company's Cash Balance Per bank statement Per eral ledger Bank balance per reconciliation Company balance per reconciliation References eBook & Resources Problem A Difficulty: Hard eck my work ue: 2 points ecord the necessary cash adjustments. (lf no entry is required for a ransaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entries that increase cash Note: Enter debits before credits Transaction General Journal Debit Credit Record entry View general journal Clear entry