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The following information applies to the questions displayed below.) Oscar's Red Corpet Store maintains a checking account with Academy Benk. Oscar's sells corpet eech day

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The following information applies to the questions displayed below.) Oscar's Red Corpet Store maintains a checking account with Academy Benk. Oscar's sells corpet eech day but makes bank deposits only once per week. The following provides information from the compeny's cosh ledger for the month ending February 28, 2018 No. Date Amount S 3.750 450 1.550 1.250 Deposits. 2/4 S 1750 Checks. 321 322 2/8 323 2/12 324 2/19 2/2 218 2/25 2/26- 1350 2250 3.150 650 Cash receipts 325 2/27 326 2/28 327 2/28 250 2/28 950 Balance on February 1 Recelpts Disbursements S 5850 9.150 8.950) S8,950 Balance on Februory 28 S 6050 Information from February's bank statement and company records reveals the following additional information a. The ending cash balance recorded in the benk statement is $8.630. b. Cash receipts of $650 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 INSF 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 withdrawal for Oscar's February rent wos made on February 4 for $1,100 g. Oscar's checking account earns interest based on the average daily balance. The amount of interest earned for February is $105. h. In January, one of Oscar's suppliers, Titanic Fabrics, borrowed $4,100 from Oscor. On Februory 24. Titanic paid $4.350 (54100 borrowed amount plus $250 interest) directly to Acodemy Bank in payment for January's borrowing. i. Academy Bank charged service fees of $125 to Oscar's for the month

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