Reynolds's Red Carpet Store maintains a checking account with Academy Bank. Reynolds'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 Deposits: Check Date 2/4 2/11 2/18 2/25 2/26- 2/28 Amount $2,400 2,000 2,900 3,800 1,300 Number 323 324 325 326 327 Date 2/12 2/19 2/27 2/28 2/28 Amount $2,200 1,900 250 750 Cash receipts: 1,600 $12,400 $6,700 Balance on February 1 Receipts Disbursements Balance on February 28 Amount $6,500 12,400 (6,700) $12,200 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 $11,080. b. Cash receipts of $1,300 from 2/26-2/28 are outstanding -- E27 - 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 $11,080. b. Cash receipts of $1,300 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 $250 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 Reynolds's February rent was made on February 4 for $1,100. 9. Debit card transactions include $4.750 for legal fees expense and $450 for entertainment expense. h. In January, one of Reynolds's suppliers, Titanic Fabrics, borrowed $5,400 from Reynolds. On February 24, Titanic paid $5,650 ($5,400 borrowed amount plus $250 interest) directly to Academy Bank in payment for January's borrowing, i. Academy Bank charged service fees of $170 to Reynolds's for the month. Required: 1. Prepare a bank reconciliation for Reynolds's checking account on February 28, 2024. 2. Record the necessary cash adjustments. Complete this question by entering your answers in the tabs below. Required 1 Required 2 . complete this question by entering your answers in the taus Deow. Required 1 Required 2 Prepare a bank reconciliation for Reynolds's checking account on February 28, 2024. (Amounts to be deducted should be indicated with a minus sign.) REYNOLDS'S RED CARPET STORE Bank Reconciliation February 28, 2024 Bank's Cash Balance Company's Cash Balance Per bank statement Per general ledger Journal entry worksheet