The cash records and bank statement for the month of May for Diaz Entertainment are shown below. Cash Balance May 1, 2021 + Cash Receipts DIAZ ENTERTAINMENT Cash Account Records. May 1, 2021, to May 31, 2021 Cash Disbursements $11,080 Cash Disbursements. Desc. Legal fees $5,470 $11,090 Cash Receipts Date Desc. Amount Date Check# 5/3 Sales $ 1,270 5/7 471 5/10 Sales 1,700 15/12 472 5/17 Sales 2,330 5/15 473 5/24 Sales 2,800 5/22 474 5/31 Sales 2,990 5/30 475 Supplies 5/31 476 Salaries $11,090 Property tax Salaries Advertising Cash Balance May 31, 2021 $5,480 Amount $ 1,110 1,480 3,410 1,310 360 3,410 $11,080 P.O. Box 162647 Bowlegs, OK 74830 (405) 369-CASH Account Holder: Beginning Balance: May 1, 2021 Diaz Entertainment 124 Saddle Blvd, Bowlegs, OK 74830 Midwest Bank Looking Out For You Member FDIC Account Number: 7772854360 Statement Date: May 31, 2021 Account Summary Deposits and Credits Withdrawals and Debits NO. Total $6,070 7 $9,252 NO. 9 Total $8,561 Ending Balance May 31, 2021 $6,761 Account Details Deposits and Credits Withdrawals and Debits Daily Balance Date Amount Desc. Date No. Amount Desc. Date Amount 5/4 $ 1,270 DEP 5/1 469 $ 360 CHK 5/1 $5,710 5/11 1,700 DEP 5/2 470 240 CHK 5/2 5,470 5/18 2,330 DEP 5/9 471 1,110 CHK 5/4 6,740 5/20 1,100 NOTE 5/11 210 NSF 5/9 5,630 5/20 41 INT 5/12 472 1,480 CHK 5/11 7,120 5/25 2,800 DEP 5/18 473 3,410 CHK 5/12 5,640 5/31 11 INT 5/20 410 EFT 5/18 4,560 5/25 474 1,310 CHK 5/20 5,291 5/31 31 SF 5/25 6,781 $ 9,252 $8,561 5/31 $6,761 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 Bank's Cash Balance Per bank statement May 31, 2021 Company's Cash Balance Per general ledger Bank balance per reconciliation Company balance per reconciliation $ 5,840