only once per week. The following provides information from the company's cash ledger for the month ending February 28, 2024. Date Amount Number Date Deposits: 2/4 $2,700 Checks 323 2/12 Amount $2,500 2/11 2,300 324 2/19 2,200 2/18 3,2001 325 2/27 200 2/25 4,100 326 2/28 700 2/26- Cash receipts 1,600 327 2/28 1,900 2/28 $13,900 $7,500 Amount Balance on February 1 $6,800 Receipts Disbursements Balance on February 28 13,900 (7,500) $13,200 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 $13,145 b. Cash receipts of $1,600 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 $200 that did not clear the bank (NSF check). e. Check 323 was written for $2,800 for advertising in February. The bank properly recorded the check for this amount. f. An EFT withdrawal for Oscar's February rent was made on February 4 for $1,100. g. Debit card transactions include $4,700 for legal fees expense and $400 for entertainment expense. h. In January, one of Oscar's suppliers, Titanic Fabrics, borrowed $6,000 from Oscar. On February 24, Titanic paid $6,270 ($6,000 borrowed amount plus $270 interest) directly to Academy Bank in payment for January's borrowing. 1. Academy Bank charged service fees of $125 to Oscar's for the month. Required 1 Required 2 Prepare a bank reconciliation for Oscar's checking account on February 28, 2024. (Amounts to be deducted should be indicated with a minus sign.) OSCAR'S RED CARPET STORE Bank Reconciliation February 28, 2024 Bank's Cash Balance Company's Cash Balance Per bank statement $ 13,145 Per general ledger $ 8,100 Deposits outstanding 1,600 NSF check (200) O Checks outstanding (2,100) Company error EFT for rent (300) (1,100) Bank balance per reconciliation Interest on account Note collected Interest on note Service fees $ 12,645 Company balance per reconciliation Required 1 Required 2 > 20 6,000 250 (125) Complete this question by entering your answers in the tabs below. Required 1 Required 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.) No 1 Transaction 1 General Journal Cash Notes Receivable Interest Receivable 2 2 Accounts Receivable Advertising Expense Rent Expense Service Fee Expense Cash 100 Debit Credit 6,250x 6,000 250 00000 200 300 1,100 125 0000 1,725