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 S5, 460 Cash Balance Cash May 1, 2021 + Receipts $5,460 $11, 140 Cash Receipts Date Desc 5/3 Sales 5/10 Sales 5/17 Sales 5/24 Sales 5/31 Sales Amount S 1,280 1,710 2,340 2,810 3,000 Date 5/7 5/12 5/15 5/22 5/30 5/31 Cash Disbursements $11, 140 Cash Disbursements Check# Desc. 471 Legal fees 472 Property tax 473 Salaries 474 Advertising 475 Supplies 476 Salaries Amount S 1,120 1,490 3, 420 1,320 370 3,420 $11,140 $11.140 P.O. Box 162647 Bowlegs OK 74830 Midwest Bank Looking Out For You Member FDIC Member FDIC 7772854360 May 31, 2021 NO. Ending Balance May 31, 2021 $6,632 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 Total NO. Total $6,080 7 $9.194 9 $8,642 Account Details Deposits and Credits Withdrawals and Debits Date Amount Desc. Date Amount Desc. 5/4 $ 1,280 DEP 5/1 469 $ 370 CHK 5/11 1, 710 DEP 5/2 470 250 CHK 5/18 2,340 DEP 5/9 471 1,120 CHK 5/20 1,000 NOTE 5/11 220 NSF 5/20 42 INT 5/12 472 1,490 CHK 5/25 2,810 DEP 5/18 473 3, 420 CHK 5/31 12 INT 5/20 420 EFT 5/25 474 1,320 CHK 5/31 32 SF $ 9, 194 $8,642 NO Daily Balance Date Amount 5/1 $5, 710 5/2 5,460 5/4 6, 740 5/9 5,620 5/11 7, 110 5/12 5,620 5/18 4.540 5/20 5, 162 5/25 6,652 5/31 $6,632 Desc DEP Customer deposit NOTE Note collected INT Interest earned CHK Customer check SF Service fees NSF Nonsufficient funds 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 Perbank statement Biance concom Company balance per conciliation