Problem 4-3A Prepare the bank reconciliation and record cash adjustments (LO4-5) [The following information applies to the questions displayed below.] The cash records and bank statement for the month of May for Diaz Entertainment are shown below. Cash Cash Balance May 1, 2021 + Receipts DIAZ ENTERTAINMENT Cash Account Records May 1, 2021, to May 31, 2021 Cash Disbursements $11,800 Cash Disbursements Desc. Legal fees Property tax Salaries $5,350 $11,690 Cash Receipts Date Desc. Amount Date Check# 5/3 Sales $ 1,390 5/7 471 5/10 Sales 1,820 5/12 472 5/17 Sales 2,450 5/15 473 5/24 Sales 2,920 5/22 474 5/31 Sales 3,110 5/30 475 Supplies 5/31 476 Salaries $11,690 Advertising Cash Balance May 31, 2021 $5,240 Amount $ 1,230 1,600 3,530 1,430 480 3,530 $11,800 Midwest Bank Looking Out For You P.O. Box 162647 Bowlegs, OK 74830 (405) 369-CASH Account Holder: Diaz Entertainment 124 Saddle Blvd, Bowlegs, OK 74830 Beginning Balance May 1, 2021 $6,190 Account Number: Statement Date: Account Summary Withdrawals and Deposits and Credits Debits NO. 7 Total $9,656 NO. 9 Total $9,533 Member FDIC 7772854360 May 31, 2021 Ending Balance May 31, 2021 $6,313