Required: 1. Prepare a bank reconciliation for Wilbur's checking account on February 28, 2024. 2. Record the necessary cash adjustments. Complete this question by entering your answers in the tabs below. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 2 Record the amounts that increase cash. Note: Enter debits before credits. Wilbur's Red Carpet Store maintains a checking account with Academy Bank. Wilbur'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 28,2024. 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 $8,990. b. Cash receipts of $1,000 from 2/262/28 are outstanding. c. Checks 325 and 327 are outstanding. d. The deposit on 2/11 includes a customer's check for $400 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 EFT withdrawal for Wilbur's February rent was made on February 4 for $1,200. g. Debit card transactions include $4,820 for legal fees expense and $550 for entertainment expense. h. In January, one of Wilbur's suppliers, Titanic Fabrics, borrowed $4,800 from Wilbur. On February 24 , Titanic paid $5,000 ( $4,800 borrowed amount plus $200 interest) directly to Academy Bank in payment for January's borrowing. i. Academy Bank charged service fees of $140 to Wilbur's for the month. Required: 1. Prepare a bank reconciliation for Wilbur's checking account on February 28,2024. 2. Record the necessary cash adjustments. Required: 1. Prepare a bank reconciliation for Wilbur's checking account on February 28,2024. 2. Record the necessary cash adjustments. Complete this question by entering your answers in the tabs below. Prepare a bank reconciliation for Wilbur's checking account on February 28, 2024. (Amounts to be deducted should be indicated with a minus sign.)