Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. prepare jounal entry [the following informati

prepare jounal entry [The following information applies to the questions...

60.1K

Verified Solution

Question

Accounting

prepare jounal entry image
image
[The following information applies to the questions displayed below.] The September 30 bank statement for Cadieux Company and the September ledger account for cash are summarized here: No outstanding checks and no deposits in transit were noted in August. However, there are deposits in transit and checks outstanding at the end of September. The NSF check and EFT involved transactions with Cadieux Company's customers. A Record the electronic funds transfer of $165 made by a customer on their account. B Record the service charges of $20 deducted by the bank. C Record the return of the customer check of $100 due to insufficient funds. D Earlier this month, chech \#104 was recorded as a $50 cash payment. The check is still outstanding at the end of the month. E On September 30, a deposit of $2,650 was recorded, but the deposit was still in transit at the end of the month. Note : = journal entry has been entered

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

We are evaluating a project that costs $908,000, has a four-year life, and has no salvage...

Physics
1.2K views

1. Ryan is readying for a face-off at the begninning of a hockey game. What is...

Basic Math
1.2K views

5 Find an Euler circuits and or Euler paths for the following graph If your...

Calculus
1.2K views

If 15 f x 17 then f a da Find the best lower and upper...

Calculus
1.2K views

upper sum lower sum Illustrate 11 FIS 7 3 T DO T 2T FIM KI3...

Calculus
1.2K views

In the process of finding the inverse of the following matrix explain the indicated row...

Algebra
1.2K views

The matrix A Select one True False Isin 0 Lcos A Cos 0 sin is...

Accounting
1.2K views

Canvas Question 3 Use the statistical display to answer the question. Marriage...

Accounting
1.2K views

Mountain View Resorts purchased equipment at the beginning of 2024 for $40,000. Residual value at...

Accounting
1.2K views

You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage...

Accounting
1.2K views

How do you solve the whole of questions P6-12 and E7-6 in the Accounting textbook?...

Accounting
1.2K views

Anthony Delivery Service has a weekly payroll of $34,000. December 31 falls on Tuesday and...