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Accounting
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The September 30 bank statement for Cadieux Company and the September ledger account for cash are summarized here:
BANK STATEMENT Checks Deposits Other Balance Balance, September 1 $ 1,880 September 7 NSF check $ 90 1,790 September 11 $ 2,820 4,610 September 12 #101 $ 740 3,870 September 17 #102 1,580 2,290 September 26 #103 2,240 50 September 29 EFT deposit 120 170 September 30 Service charge 10 160
Cash (A) Debit Credit September 1 Balance 1,880 September 10 2,820 740 September 10 #101 September 30 2,200 1,580 September 15 #102 2,240 September 22 #103 40 September 28 #104 September 30 Balance 2,300
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 Companys customers.
Prepare a bank reconciliation.
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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:
| BANK STATEMENT | ||||||
| Checks | Deposits | Other | Balance | |||
|---|---|---|---|---|---|---|
| Balance, September 1 | $ 1,880 | |||||
| September 7 | NSF check | $ 90 | 1,790 | |||
| September 11 | $ 2,820 | 4,610 | ||||
| September 12 | #101 | $ 740 | 3,870 | |||
| September 17 | #102 | 1,580 | 2,290 | |||
| September 26 | #103 | 2,240 | 50 | |||
| September 29 | EFT deposit | 120 | 170 | |||
| September 30 | Service charge | 10 | 160 | |||
| Cash (A) | |||||
|---|---|---|---|---|---|
| Debit | Credit | ||||
| September 1 | Balance | 1,880 | |||
| September 10 | 2,820 | 740 | September 10 | #101 | |
| September 30 | 2,200 | 1,580 | September 15 | #102 | |
| 2,240 | September 22 | #103 | |||
| 40 | September 28 | #104 | |||
| September 30 | Balance | 2,300 | |||
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 Companys customers.
Prepare a bank reconciliation.
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You can see the logs in the Dashboard.