DIAZ ENTERTAINMENT Cash Account Records 1, 2021, to May 31, 2021 HY Cash Balance May 31, 2021 $5,280 Cash Balance May 1, 2021 + Receipts $5,370 $11,590 Cash Receipts Date Desc. 5/3 Sales 5/10 Sales 5/17 Sales 5/24 Sales les Amount $ 1,370 1,800 2,430 2,900 3,090 AND Disbursements 311.680 Cash Disbursements Check# Desc. 471Legal fees 472 Property tax Salaries Advertising 5/12 5/15 5/22 5/30 5/31 Amount $ 1,210 1,580 3,510 1,410 460 3,510 $11,680 Salaries $11,590 $1 Member FDIC 7772854360 May 31, 2021 P.O. Box 162647 Midwest Bank Bowlegs, OK 74830 Looking Out For You (405) 369-CASH Account Holder: Diaz Entertainment Account Number: 124 Saddle Blvd, Bowlegs, OK 74830 Statement Date: Account Summary Withdrawals and Beginning Balance Deposits and Credits Debits May 1, 2021 NO. Total NO. Total $6, 170 7 $9,6729 $9,371 Account Details Deposits and Credits Withdrawals and Debits Date Amount Desc. Date No. Amount Desc. 170 DPI 5/1 469 $ 460 CHK 5/11 1,800 DP CHK 5/18 CHK 5/20 NSF 5/20 CHK 5/25 CHK 5/31 CHK Ending Balance M ay 31, 2021 $6,471 374 470 1.210 D aily Balance Date Amount 5/1 $5,710 5/2 5,370 5/4 6, 740 5/9 5,530 5/11 7,020 5/12 5,440 5/18 4,360 5/20 5,001 5/25 6,491 5/31 $6,471 SF Required information 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, 2021 (prior month). 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. Required: 1. Prepare a bank reconciliation for Diaz's checking account on May 31, 2021. (Amounts to be deducted should be indicated with a minus sign. Total entries to the same account together when entering in the bank reconciliation.) DIAZ ENTERTAINMENT Bank Reconciliation May 31, 2021 Company's Cash Balance Per general ledger Bank's Cash Balance Per bank statement Bank balance per reconciliation Company balance per reconciliation