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 Balance DIAZ ENTERTAINMENT Cash Account Records May 1, 2021, to May 31, 2021 Cash Disbursements $11,920 May 1, 2021 $5,330 +Cash Receipts $11,790 Cash Receipts Date Desc. Amount Date Check# 5/3 Sales $ 1,410 5/7 471 5/10 Sales 1,840 5/12 472 5/17 Sales 2,470 5/15 473 5/24 Sales 2,940 5/22 474 5/31 Sales 3,130 5/30 475 5/31 476 $11,790 Cash Disbursements Desc. Legal fees Property tax Salaries Advertising Supplies Salaries Cash Balance May 31, 2021 $5,200 Amount $ 1,250 1,620 3,550 1,450 500 3,550 $11,920 P.O. Box 162647 Bowlegs, OK 74830 (405) 369-CASH Account Holder: Diaz Entertainment 124 Saddle Blvd, Bowlegs, OK 74830 Midwest Bank Looking Out For You Account Number: Statement Date: Member FDIC 7772854360 May 31, 2021