Required information [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 $11,320 Cash Disbursements Property tax $5,430 $11,290 Cash Receipts Date Desc. Amount Date Check# Desc. 5/3 Sales. $ 1,310 5/7 471 Legal fees 5/10 Sales 1,740 5/12 472 5/17 Sales 2,370 5/15 473 5/24 Sales 2,840 5/22 474 5/31 Sales 3,030 5/30 475 Supplies 5/31 476 Salaries $11,290 Salaries. Advertising Cash Balance May 31, 2021 $5,400 Amount $ 1,150 1,520 3,450 1,350 400 3,450 $11,320