View transuction list 1 Record the amounts that increase cash. 2 Record the amounts that decrease cash. Credit Note : = journal entry has been entered Oscar's Red Carpet Store maintains a checking account with Academy Bank. Oscar'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, 2021. Deposits: Date 2/4 No. 321 322 2/11 Amount $ 1,800 Checks: 1,400 2,300 3,200 700 $ 9,400 2/18 2/25 2/26-2/28 323 Date 2/2 2/8 2/12 2/19 2/27 2/28 2/28 324 325 326 327 Cash receipts: Amount $3,800 650 1,600 1,300 450 950 1,000 $9,750 Balance on February 1 Receipts Disbursements Balance on February 28 $ 5,900 9,400 (9,750) $ 5,550 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 $8,160. b. Cash receipts of $700 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 $450 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 automatic withdrawal for Oscar's February rent was made on February 4 for $1,200. g. Oscar's checking account earns interest based on the average daily balance. The amount of interest earned for February is $110. h. In January, one of Oscar's suppliers, Titanic Fabrics, borrowed $4,200 from Oscar. On February 24, Titanic paid $4,400 ($4,200 borrowed amount plus $200 interest) directly to Academy Bank in payment for January's borrowing. i. Academy Bank charged service fees of $100 to Oscar's for the month. 2. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No first account field. Total entries to the same account together when entering in the journal entry wc View transaction list Journal entry worksheet 12 Record the amounts that increase cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal