Required information [The following information applies to the questions displayed below.] The cash records and bank statement for the month of May for Diaz Entertainment are shown below. DIAZ ENTERTAINMENT Cash Account Records Мay 1, 2021, to May 31, 2021 Cash Balance Cash Balance Cash Cash Мay 1, 2021 $5,290 Маy 31, 2021 $5,120 Receipts $11,990 Cash Receipts Disbursements + $12,160 Cash Disbursements Check# Amount $ 1,450 1,880 2,510 2,980 3,170 Date Desc. Date Desc. Amount $ 1,290 1,660 3,590 1,490 540 5/3 5/10 5/17 5/24 5/31 5/7 5/12 5/15 5/22 5/30 5/31 Legal fees Property tax Salaries Sales 471 Sales Sales 472 473 Advertising Supplies Salaries Sales 474 Sales 475 3,590 476 $11,990 $12,160 Midwest Bank Member FDIC Р.О. Вох 162647 Bowlegs, OK 74830 (405) 369-CASH Account Holder: Looking Out For You Diaz Entertainment 124 Saddle Blvd, Bowlegs, OK 74830 Account Number: 7772854360 Маy 31, 2021 Statement Date: Account Summary Deposits and CreditS NO. Beginning Balance Маy 1, 2021 $6,250 Withdrawals and Debits Ending Balance Мay 31, 2021 $6,139 Total Total NO. $9,908 Account Details $10,019 7 9 Withdrawals and Debits Deposits and CreditS Daily Balance Amount Date Amount Desc. Date No. Desc. Date Amount 5/1 5/2 5/9 5/11 5/12 5/18 5/20 5/25 5/31 5/1 5/2 5/4 5/9 5/11 5/12 5/18 5/20 5/25 $5,710 5,290 6,740 5,450 6,940 5,280 4,200 4,669 6,159 $ 1,450 1,880 2,510 1,000 59 5/4 5/11 5/18 5/20 5/20 5/25 5/31 469 $ 420 540 DEP СHK 470 471 DEP СHK 1,290 390 DEP СHK NOTE NSF 472 473 1,660 3,590 590 INT СHК 2,980 29 DEP СHK INT EFT 474 1,490 49 СHK SF $9,908 $10,019 5/31 $6,139 1,490 49 5/25 474 5/20 4,669 6,159 СHK 5/31 5/25 SF $ 9,908 $10,019 5/31 $6,139 DEP Customer deposit SF Service fees NSF Nonsufficient funds Desc INT Interest earned NOTE Note collected EFT Electronic funds transfer CHK Customer check 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 Diaz for payment that should have been made on another account. 2. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Total entries to the same account together when entering in the journal entry carousel.) View transaction list Journal entry worksheet 2 Record the amounts that increase cash