OMEWORK B 2 234 Adex html?con-con&extemal browser Dalaunch 2F%252Fblackbound waketech ed/252Fweth 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 worksheet) View transaction list Journal entry worksheet 1 2 Record the amounts that increase cash. Note: Enter debits before credits Transaction General Journal Debit Credit Clear entry Record entry IMG_1360(1) < Prev 13 of 16 Next > IMG 1365 (TP Hws Sex 42 Monty duty : Check OMEWORK B of 2 [The following information applies to the questions displayed below] Oscar's Red Carpet Store maintains a checking account with Academy Bank. Oscar's sells carpet each day but makes bank deposits only once per week. The following provides information from the company's cash ledger for the month ending February 28, 2021. Deposits: 32:39 Cash receipts: Balance on February 11 Receipts ok Disbursements Balance on February 28 Date 2/4 Amount $ 1,800 Checks: 2/11 1,400 2/18 2,300 No Date 321 2/2 322 2/8 323 2/12 $3,800 650 1,600 2/25 3,200 324 2/19 1,300 2/26-2/28 700 325 2/27 450 $9,400 326 2/28 958 327 2/28 1,000 $ 5,900 $9,758 9,400 (9,750) $ 5,550 Information from February's bank statement and company records reveals the following additional information a. The ending cash balance recorded in the bank statement is $8,160. b. Cash receipts of $700 from 2/26-2/28 are outstanding c Checks 325 and 327 are outstanding. d. The deposit on 2/11 includes a customer's check for $450 that did not clear the bank (NSF check. e. Check 323 was written for $2,500 for advertising in February. The bank properly recorded the check for this amount f. An automatic withdrawal for Oscar's February rent was made on February 4 for $1,200. g. Oscar's checking account earns interest based on the average daily balance. The amount of Interest earned for February is $110. h in January, one of Oscar's suppliers, Titanic Fabrics, borrowed $4,200 from Oscar On February 24, Titanic paid $4,400 ($4,200 borrowed amount plus $200 interest) directly to Academy Bank in payment for January's borrowing 1 Academy Bank charged service fees of $100 to Oscar's for the month D 2. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the < Prev 13 of 16 Next >