Required information 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. DINZ INTERTINGINE Cash Account Records May 1, 2021, to May 31, 2021 Cash Balance Cash Balance Cash May 1, 2021 - Recepta Diaburanta May 31, 2021 55, 470 $11,090 $11,000 Cash Receipta Cash Disbursements Amount Check Dest 5/3 $ 1,270 471 Legal ten 5/10 Sales 1,700 5/12 472 Property tax 5/17 Sales 5/15 473 Salari 5/24 Sales 2, BD 5/22 474 Advertising 5/31 Sales 5/30 475 Supplies 5/31 476 $11,090 $11, Date Date At 5/1 3.430 1.33 Number FDIC 777285430 May 31, 2021 Leding Balance May 31, 2021 $6,761 1.0. Box 162643 Nicat Bank Dovlega, OK 748.30 Looking Out For You 1405) 369-CASH Account Holder: Dias Entertainment Account Shamber 124 Saddle Blvd, Bowlugu, OK 74030 Statement Date: Account Summary Withdrawals and Beginning Balance Depost and credit Debi May 1, 2021 NO. Total Total $6,070 $3,561 Account Details Depousta and Credit Withdrawals and Debit. Date Just DER Date Blo Het Dane. 5/4 51,270 DEP 5/1 5 5/11 CIK 1. To DED 5/2 430 240 CIEK 5/13 2,339 DEP 5/9 431 CIEK 5/20 1.100 NOTE 5/11 210 . NSE 5/20 45 INT 5/12 CIEK 5/2 2. DEP 5/10 473 3,410 CIEK 5/31 11 INT 5/20 1,310 CILE 5/31 5 9.252 $3,563 1,130 1.49 Daly Balance Date Jacut 5/1 55,710 5/2 5,47 5/4 6, 740 5/ 5,630 5/11 7,120 5/12 5,640 5/13 5/20 5,293 5/25 5/31 56,763 5/25 6.78 DER DEP Customer deposit NOZE Note collected ErZ Electronic Funds treates INZ Interest and CIK Customer check SF Service fees NSF Somaufficient 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 (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 Required: 1. Prepare a bank reconciliation for Diaz's checking account on May 31, 2021. (Amounts to be deducted should be indicated with a minus sign. Total entries 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