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. DIAZ ENTERTAINMENT Cash Account Records May 1, 2021, to May 31, 2021 Cash Balance Cash Balance Cash May 1, 2021 - Recepta Daburanta May 31, 2021 53,470 511,099 $11,000 Cash Recipta Cash Disbursements Amount Check Dese. 5/3 $ 1,270 471 Legal ten 5/10 Sales 1,700 5/12 472 Property tax 5/17 Sales 5/15 473 5/24 Sales 2, BD 5/22 474 Advertising 5/31 Sales 475 Supplies 5/31 476 Salarie $11,090 $11, pate Date 5/1 3.430 Number FDIC 777285430 May 31, 2021 Isding Balance May 31, 2021 $6,761 P.O.Boxe 162647 Nicat Bank Boulega, OK 748.30 Looking Out For You 1405) 369-CASH Account Holder: Dias Entertainment Account Meri 124 Saddle Blvd, Bowlugu, OK 74030 Statement Date: Account Summary Withdrawals and Beginning Balance Depousta and Credit Debit May 1, 2021 NO. Total Total $6,070 53,252 $3,561 Account Details Depousta and Credit withdrawals and Debits Date Just DER Date Blo lacut DER 5/4 51,270 DEP 5/1 5 5/11 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 1,400 CIEK 5/2 2. DEP 5/10 473 3,410 CIEK 5/31 11 INT 5/20 1,310 CIEK 5/31 5 9.252 $3,563 55,710 Desly Balance Date Aacuat 5/1 5/2 5,470 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 56,761 5/25 6.78 Dane DEP Customer deposit NOZE Note collected ErZ Electronic Funds treates INZ Interest and CIK Customer check SF Service to NSF Konsufficient 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 2. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Total entries to the same account together when entering in the journal entry carousel.) View transaction list Journal entry worksheet 12 > Record the amounts that increase cash. Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Record entry Clear entry View general journal 2. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Total entries to the same account together when entering in the journal entry carousel.) View transaction list Journal entry worksheet