The following information is needed to reconcile the cash balance for Natural Landscaping Surgaces

A deposit of $5,800 is in transit.

Outstanding checks total $1,500.

The book balance is $6,800 at February 28, 2015.

The bookkeeper recorded a $1,740 check as $17,400 in payment of the current month's rent.

The bank balance at February 28, 2015 was $18,000.

A deposit of $400 was credited by the bank for $4,000.

A customer's check for $3,700 was returned for non-sufficient funds.

The bank service charge is $60. Based on this information,

1. What is the reconciled Cash Balance? (Show your work by preparing a bank reconciliation.)

2. Prepare the journal entries required for Natural Landscaping Services as of February 28, 2015. Clearly indicate the debits and credits and their amounts. 15 points