DIAZ ENTERTAINMENT Cash Account Records May 1, 2021, to May 31, 2021 Cash Balance Cash Balance May 31, 2021 $5,148 May 1 2021 + Cash Receipts $5,380 $11,940 Cash Receipts Date Desc. Anount 5/3 Sales $ 1,440 5/1e Sales 1,870 5/17 Sales 2. 5/24 Sales 2.97e 5/31 Sales 3,160 Date 5/7 5/12 S/15 5/22 5/3e 5/31 Cash Disbursements $12, 100 Cash Disbursements Check Desc. 471 Legal fees Property tax Salaries Advertising Supplies Salaries GG 66 Amount $ 1,280 1,65e 3,588 1,489 53e 3,58e $12, 16e $11,940 Member FDIC Midwest Bank Looking Out For You 2.0. Box 162647 Bowlegs, OK 74838 (405) 369-CASH Account Holder: 7772854368 May 31, 2021 Diaz Entertainment Account Number: 124 Saddle Blvd, Bowlegs, OK 74830 Statement Date: Account Summary Deposits and Credits withdrawals and Debits NO. Totale NO. Total 7 Ste. 2669 3998 Beginning Balance May 1, 2021 2 35: Ending Balance M ay 31, 2021 $6.368 Deposits and Credits Withdrawals and Debits h o. Aount Dal Desc. D aily Balance Date Acount $5.71 CK NOTE 5.460 59 INT T DER Cut NOTE H oll ETTO IL LICENSE S tunds 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 Answer is complete and correct. DIAZ ENTERTAINMENT Bank Reconciliation May 31, 2021 Company's Cash Balance 6,368 Per general ledger 3,160 Note collected 580 Interest earned Bank's Cash Balance Per bank statement Deposits outstanding Bank error 5.140 1.200 88 Checks outstanding {4,110) NSF check Service fees Company balance per reconciliations (380) (48) 5.998 Bank balance per reconciliation S 5.998 View transaction list View journal entry worksheet Transaction General Journal Debit Credit Cash Notes Receivable Interest Revenue 5.140 1.200 Accounts Receivable Utilities Expense Cash