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The accounting records for Delta Driving School shows a cash balance of $14,134 on February 28, 2019. On the evening of February 28, company receipts

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The accounting records for Delta Driving School shows a cash balance of $14,134 on February 28, 2019. On the evening of February 28, company receipts of $1,250 were placed in the bank's night deposit drop box. The deposit was processed by the bank on March 1. The February 28 bank statement shows a balance of $18,877, including collection of a $6,000 note receivable plus $55 of interest earned, a service charge of $40, and a $1,550 debit memo for the payment of the company's utility bill. All of the checks that the company had written were listed on the bank statement except for check #1908 in the amount of $1,528. A) Prepare a bank reconciliation to calculate the company's adjusted cash balance at February 28, 2019.- B) Prepare the journal entries needed to adjust the cash records as a result of the bank reconciliation. .) Circle the number that will appear as Cash on Delta's Balance Sheet at February 28, 2019

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