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: Date 2/4 2/11 2/18 2/25 2/26-2/28 Amount $ 2,150 Checks: 1,750 2,650 3,550 1,050 $ 11,150 No. 321 322 323 324 325 326 327 Date 2/2 2/8 2/12 2/19 2/27 2/28 2/28 Cash receipts: Amount $ 4,150 550 1,950 1,650 350 850 1,350 $10,850 Balance on February 1 Receipts Disbursements Balance on February 28 $ 6,250 11,150 (10,850) $ 6,550 | Check my 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 $10,075. b. Cash receipts of $1,050 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 $350 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 WICITA Warrior Oscar Srebruar rent was made 1. Prepare a bank reconciliation for Oscar's checking account on February 28, 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.) Bank's Cash Balance Per bank statement Company's Cash Balance Per general ledger Bank balance per reconciliation Company balance per reconciliation 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: Date 2/4 2/11 2/18 2/25 2/26-2/28 Amount $ 2,150 Checks: 1,750 2,650 3,550 1,050 $ 11,150 No. 321 322 323 324 325 326 327 Date 2/2 2/8 2/12 2/19 2/27 2/28 2/28 Cash receipts: Amount $ 4,150 550 1,950 1,650 350 850 1,350 $10,850 Balance on February 1 Receipts Disbursements Balance on February 28 $ 6,250 11,150 (10,850) $ 6,550 | Check my 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 $10,075. b. Cash receipts of $1,050 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 $350 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 WICITA Warrior Oscar Srebruar rent was made 1. Prepare a bank reconciliation for Oscar's checking account on February 28, 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.) Bank's Cash Balance Per bank statement Company's Cash Balance Per general ledger Bank balance per reconciliation Company balance per reconciliation
