The cash records and bank statement for the month of May for Diaz Entertainment are shown below. Cash Balance May 1, 2021 + Cash Receipts $11,090 DIAZ ENTERTAINMENT Cash Account Records May 1, 2021, to May 31, 2021 Cash Disbursements $11,080 Cash Disbursements Desc. Legal fees $5,470 Cash Receipts Date Desc. Amount Date Check# 5/3 Sales $ 1,270 5/7 471 5/10 Sales 1,700 5/12 472 5/17 Sales 2,330 5/15 473 5/24 Sales 2,800 5/22 474 Advertising 5/31 Sales 2,990 5/30 475 5/31 476 Supplies Salaries $11,090 Property tax Salaries Cash Balance May 31, 2021 $5,480 Amount $ 1,110 1,480 3,410 1,310 360 3,410 $11,080 NO. 7 P.O. Box 162647 Bowlegs, OK 74830 (405) 369-CASH Account Holder: Beginning Balance May 1, 2021 $6,070 Diaz Entertainment 124 Saddle Blvd, Bowlegs, OK 74830 Deposits and Credits Midwest Bank Looking Out For You Withdrawals and Debits Member FDIC Account Number: 7772854368 Statement Date: May 31, 2021 Account Summary Deposits and Credits Withdrawals and Debits Total $9,252 NO. 9 Total $8,561 Ending Balance May 31, 2021 $6,761 Account Details 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 2. Record the necessary cash adjustments. (If no entry is required for a transaction/event, sele first account field. Total entries to the same account together when entering in the journal er View transaction list Journal entry worksheet < 2 Record the amounts that decrease cash. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal