May 1, 2021, to lay 31, 4021 Cash Balance Cash Balance May 1, 2821 $5,350 May 31, 2821 $5,240 Date 5 3 5 10 5 17 5 24 5 31 Cash Receipts $11,690 Cash Receipts Desc Sales Sales Sales Sales Sales Amount $ 1,30 1,320 2,450 2,920 3,110 Date 5 7 5 12 5 15 5 22 5 30 5 31 Cash Disbursements $11,880 Cash Disbursements Check Desc 471 Legal fees 472 Property tax 473 Salaries 474 Advertising 475 Supplies 476 Salaries Amunt $ 1,230 1,680 3,532 1,432 439 3,530 $11,280 $11,60 Member FDIC 7772854369 May 31, 2821 NO Ending Balance May 31, 2021 $6,313 P O Box 162647 Nidwest Bank Bowless, OK 7483 Looking Out For You (465) 369 CASH Account Holder Diaz Entertainment Account Number 124 Saddle Blvd, Bowles, OK 7483 statement Date Account Summary Beginning Balance Deposits and Credits Kithdrawals and Debits May 1, 2021 NO Total Total $6,190 7 $9,656 9 $9,533 Account Details Deposits and Credits Kithdrawals and Debits Date Anunt Desc Date Amunt Desc 5 4 $ 1,300 DEP 5 1 469 $ 480 CHK 5 11 1,820 DEP 5 2 479 369 CHK 5 18 2,450 DEP 5 9 1,232 5 29 1,6ee NOTE 5 11 339 NSF 5 20 53 INT 5 12 472 1,600 CHK 5 25 2,920 DEP 5 18 473 3,530 CHK 5 31 23 INT 5 20 539 EFT 5 25 474 1,439 CHK 5 31 43 SF $ 9,656 $9,533 NO Daily Balance Alpunt $ 5,710 5,350 6,740 5,510 471 Date 5 1 5 2 5 4 5 9 5 11 5 12 5 18 5 29 5 25 CHK 5,400 4,320 4,843 6,333 5 31 $ 6,313 Desc DEP Customer deposit NOTE Note collected EFT Electronic funds transfer DNT Interest earned CHE Customer check SF Service fees PESF Nonsufficient funds 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 iprior month) b The bank made the EFT on May 20 in error The bank accidentally charged Dlaz for payment that should have been made on another account Requlred 1 Prepare a bank reconciliation for Dlaz's checking account on May 31, 2021 (Amounts to be deducted should be Indicated with a minus sign Total entrles 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

Question

May 1, 2021, to lay 31, 4021 Cash Balance Cash Balance   May 1, 2821 $5,350 May 31, 2821 $5,240 Date 5 3 5 10 5 17 5 24 5 31 Cash Receipts $11,690 Cash Receipts Desc  Sales Sales Sales Sales Sales Amount $ 1,30 1,320 2,450 2,920 3,110 Date 5 7 5 12 5 15 5 22 5 30 5 31 Cash Disbursements $11,880 Cash Disbursements Check Desc  471 Legal fees 472 Property tax 473 Salaries 474 Advertising 475 Supplies 476 Salaries Amunt $ 1,230 1,680 3,532 1,432 439 3,530 $11,280 $11,60 Member FDIC 7772854369 May 31, 2821 NO  Ending Balance May 31, 2021 $6,313 P O  Box 162647 Nidwest Bank Bowless, OK 7483 Looking Out For You (465) 369 CASH Account Holder  Diaz Entertainment Account Number  124 Saddle Blvd, Bowles, OK 7483 statement Date  Account Summary Beginning Balance Deposits and Credits Kithdrawals and Debits May 1, 2021 NO  Total Total $6,190 7 $9,656 9 $9,533 Account Details Deposits and Credits Kithdrawals and Debits Date Anunt Desc  Date Amunt Desc 5 4 $ 1,300 DEP 5 1 469 $ 480 CHK 5 11 1,820 DEP 5 2 479 369 CHK 5 18 2,450 DEP 5 9 1,232 5 29 1,6ee NOTE 5 11 339 NSF 5 20 53 INT 5 12 472 1,600 CHK 5 25 2,920 DEP 5 18 473 3,530 CHK 5 31 23 INT 5 20 539 EFT 5 25 474 1,439 CHK 5 31 43 SF $ 9,656 $9,533 NO  Daily Balance Alpunt $ 5,710 5,350 6,740 5,510 471 Date 5 1 5 2 5 4 5 9 5 11 5 12 5 18 5 29 5 25 CHK 5,400 4,320 4,843 6,333 5 31 $ 6,313 Desc  DEP Customer deposit NOTE Note collected EFT Electronic funds transfer DNT Interest earned CHE Customer check SF Service fees PESF Nonsufficient funds 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 iprior month)  b  The bank made the EFT on May 20 in error  The bank accidentally charged Dlaz for payment that should have been made on another account  Requlred  1  Prepare a bank reconciliation for Dlaz's checking account on May 31, 2021  (Amounts to be deducted should be Indicated with a minus sign  Total entrles 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

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May 1, 2021, to lay 31, 4021 Cash Balance Cash Balance + May 1, 2821 $5,350 May 31, 2821 $5,240 Date 5/3 5/10 5/17 5/24

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