3.	What should the balance in the Cash account be after recording the journal entries in requirement 2?

please steps by steps

Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4]

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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												$	2,200
September 7								NSF check	$	100			2,100
September 11					$	3,300							5,400
September 12	#101	$	900										4,500
September 17	#102		1,900										2,600
September 26	#103		2,400										200
September 29								EFT deposit		200			400
September 30								Service charge		20			380

Cash (A)

Sep 1

Balance

2,200

Sep 10

3,300

900

Sep 10 #101

Sep 30

3,000

1,900

Sep 15 #102

2,400

Sep 22 #103

50

Sep 28 #104

Sep 30

Balance

3,250

Prepare any journal entries that should be made as the result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

3.	What should the balance in the Cash account be after recording the journal entries in requirement 2?

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.