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 Cash Balance Cash Cash May 1, 2021 Receipta Disbursements May 31, 2021 $5,460 $11,140 $11,140 $5,460 Cash Receipts Cash Disbursements Date Desc. Amount Date Check Denc. Amount 5/3 Sales $ 1,280 5/7 471 Legal fees $ 1,120 5/10 Sales 1, 710 5/12 472 Property tax 1,490 5/17 Sales 2,340 5/15 473 Salaries 3, 420 5/24 Sales 2,810 5/22 474 Advertising 1,320 5/31 Sales 3,000 5/30 475 Supplies 370 5/31 476 Salaries 3,420 $11, 140 $11,140 Member PDIC 7772854360 May 31, 2021 Ending Balance May 31, 2021 $6,632 P.O. Box 162647 Midwest Bank Dowlegs, OK 74830 Looking Out For You (405) 369-CASH Account Holder: Dias Entertainment Account Number 124 Saddle Blvd, Bowlega, OK 74030 Statement Dates Account Summary Withdrawals and Beginning Balance Deposits and Credits Debito May 1, 2021 NO. Total NO. Total $6,080 7 $9194 9 58,642 Account Details Deposits and Credits Withdrawals and Debits Date Amount Desc. Date No. Amount Deng. 5/4 $1,200 DEP 57 469 5370 CHK 5/11 1,710 DEP 5/2 470 250 CHK 5/10 2,340 DEP 471 1,120 CHK 5/20 1,000 NOTE 5/11 220 NSP 5/20 42 INT 5/12 472 1,490 5/25 2.810 DEP 5/18 473 3,420 CHK 5/31 12 INT 5/20 420 EFT 5/25 474 1,320 CHX 5/31 32 SP $ 9, 194 $8,642 Date 5/9 Daily Balance 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 56,632 Desc. DEP Customer deposit INT Interest earned SP Service fees NOTE Note collected CHK Customer check NSP Nonsufficient funds EPT Electronic funds transfer Additional information: a. The difference in the beginning balances in the company's records and the bank statement relates to checks #469 and #470, which are outstanding as of April 30, 2021 (prior month). b. The bank made the EFT on May 20 in error. The bank accidentally charged Dlaz for payment that should have been made on another account. 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 Bank balance per reconciliation Company balance per reconciliation