{The following information apples to the questions displayed below.) The cash records and bank statement for the month of May for Dlaz Entertainment are shown below. DIAZ ENTERTAINMENT Cash Account Records May 1, 2021, to May 31, 2821 Cash Balance Cash Balance + May 1, 2021 $5,350 May 31, 2021 $5,240 Date 5/3 5/10 5/17 5/24 5/31 Cash Receipts $11,69 Cash Receipts Desc. Sales Sales Sales Sales Sales Amount $ 1,20 1,820 2,450 2,920 3,119 Date 5/7 5/12 5/15 5/22 5/30 5/31 Cash Disbursements $11,229 Cash Disbursements Checkt Desc. 471 Legal fees 472 Property tax 473 Salaries 474 Advertising 475 Supplies 476 Salaries Aldunt $ 1,20 1,680 3,530 1,439 489 3,533 $11,200 $11,00 Member FDIC 7772854369 May 31, 2021 Ending Balance May 31, 2021 $6,313 P.O. Box 162647 Nidwest Bank Bowles, OK 74838 Looking Out For You (495) 369-CASH Account Holder: Diaz Entertainment Account Number: 124 Saddle Blvd, Bowless, OK 74839 statement Date: Account Summary Beginning Balance Deposits and Credits Kithdrawals and Debits May 1, 2021 NO. Total NO. Total $6,199 7 $9,656 9 $9,533 Account Details Deposits and Credits Kithdrawals and Debits Amunt Desc. Date NO. Amunt Desc. 5/4 $ 1,390 DEP 5/1 469 $ 429 CHK 5/11 1,820 DEP 5/2 470 369 CHK 5/18 2,450 DEP 5/9 471 1,233 CHK 5/29 1,000 NOTE 5/11 339 NSF 5/29 53 INT 5/12 472 1,600 CHK 5/25 2,920 DEP 5/18 473 3,530 CHK 5/31 23 INT 5/20 530 5/25 474 1,433 CHK 5/31 43 SF $ 9,656 9,533 Date Date 5/1 5/2 5/4 5/9 5/11 5/12 5/18 5/29 5/25 Daily Balance Alpunt $ 5,710 5,350 6,740 5,510 7,eee 5,460 4,329 4,843 6,333 $ 6,313 EFT 5/31 Desc. DEP Customer deposit NOTE Note collected EFT Electronic funds transfer DIT Interest earned CHE Customer check SF Service fees PESE Nonsufficient funds 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 iprior month). b. The bank made the EFT on May 20 in error. The bank accidentally charged Dlaz for payment that should have been mad on another account ecord the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required" account fleld. Total entries to the same account together when entering in the Journal entry carousel.) iew transaction list Journal entry worksheet