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. DIAZ ENTERTAINMENT Cash Account Records May 1, 2021, to May 31, 2021 Cash Balance May 31, 2021 55,100 Cash Balance Cash May 1, 2021 Receipts $5,280 $12,040 Cash Receipts Date Desc. 5/3 Sales 5/10 Sales 5/17 Sales 5/24 Sales 5/31 Sales Amount $ 1,460 1,890 2,520 2,990 3,186 Date 5/7 5/12 5/15 5/22 5/30 5/31 Cash Disbursements $12, 220 Cash Disbursements Check Desc. 471 Legal fees 472 Property tax 473 Salaries 474 Advertising 475 Supplies 476 Salaries Amount $ 1,300 1,670 3,600 1,500 550 3,600 $12,220 $12,040 Member FDIC P.O. Box 162647 Rowlane OK 7402 Midwest Bank Tankinnut far Van BE Next > Member FDIC 7772854360 May 31, 2021 Ending Balance May 31, 2021 $6,210 P.O. Box 162647 Midwest Bank Bowlegs, OK 74830 Looking Out For You (405) 369-CASH Account Holder: Diaz Entertainment Account Number: 124 Saddle Blvd, Bowlegs, OK 74830 Statement Date: Account Summary Withdrawals and Beginning Balance Deposits and Credits Debits May 1, 2021 NO. Total NO. Total $6, 260 7 $10,050 9 $10,100 Account Details Deposits and Credits Withdrawals and Debits Date Amount Desc. Date No. Amount Desc 5/4 $ 1,460 DEP 5/1 469 550 CHK 5/11 1, 890 DEP 5/2 470 430 CHK 5/18 2,520 DEP 5/9 471 1,300 CHK 5/20 1. 100 NOTE 5/11 400 NSF 5/20 60 INT 5/12 472 1,670 CHK 5/25 2,990 DEP 5/18 73 3,600 CHK 5/31 30 INT 5/20 600 5/25 474 1,500 CHK 5/31 50 SF $10,050 $10, 100 Daily Balance Date Amount 5/1 $5, 710 5/2 5, 280 5/4 6, 740 5/9 5, 440 5/11 6,930 5/12 5,260 5/18 4,180 5/20 4,740 5/25 6,230 5/31 $6, 210 EFT Desc. DEP Customer deposit NOTE Note collected INT Interest earned CHK Customer check SF Service fees NSF Nonsufficient funds Prey 1 2 of 2 HH! Next > 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 + Company balance per reconciliation Bank balance per reconciliation