Problem 4-3A Prepare the bank reconciliation and record cash adjustments (LO4-5) [The following information applies to the questions displayed below.] Check my work 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 Cash Balance May 31, 2021 $5,320 May 1, 2021+ $5,390 Cash Receipts $11,490 $11,560 Cash Receipts Date Desc. Amount Date Check# 5/3 Sales $ 1,350 5/7 471 5/10 Sales 1,780 5/12 472 5/17 Sales 2,410 5/15 473 Salaries 5/24 Sales 2,880 5/22 474 Cash Disbursements Desc. Legal fees Property tax Advertising Amount $ 1,190 1,560 3,490 5/31 Sales 3,070 5/30 475 5/31 476 Supplies Salaries $11,490 1,390 440 3,490 $11,560 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 Member FDIC Account Number: Statement Date: 7772854360 May 31, 2021 Account Summary withdrawals and Beginning Balance May 1, 2021 $6,150 Deposits and Credits Deposits and Credits NO. 7 Debits Total $9,688 NO. 9 Total $9,209 Ending Balance May 31, 2021 $6,629 Account Details Withdrawals and Debits Daily Balance Date Amount Desc. Date No. Amount Desc. Date Amount 5/4 $ 1,350 DEP 5/1 469 $ 440 CHK 5/1 $5,710 5/11 1,780 DEP 5/2 470 320 CHK 5/2 5,390 5/18 2,410 DEP 5/9 471 1,190 CHK 5/4 6,740 5/20 1,200 NOTE 5/11 290 NSF 5/9 5,550 5/20 49 INT 5/12 472 1,560 CHK 5/11 7,040 5/25 2,880 DEP 5/18 473 3,490 CHK 5/12 5,480 5/31 19 INT 5/20 490 EPT 5/18 4,400 5/25 474 1,390 CHK 5/20 5,159 5/32 39 SF 5/25 6,649 59,688 $9,209 5/31 $6,629