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Required information E5-6 (Algo) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4] [The following information applies to the questions displayed below.]
Required information E5-6 (Algo) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4] [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 Deposits Checks Other Balance Balance, September $ 2,140 1 September 7 NSF check 2,040 100 September 11 $ 3,210 5,250 September 12 #101 $ 870 4,380 September 17 # 102 1,840 2,540 September 26 #103 2,370 170 September 29 EFT deposit 185 355 Service September 30 20 335 charge Cash (A) Debit Credit September 1 Balance 2,140 September September 3,210 870 #101 10 10 September 2,850 1,840 September #102 30 15 2,370 September #103 22 September 50 #104 28 September Balance 3,070 30 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. E5-6 (Algo) Part 1 Required: 1. Prepare a bank reconciliation. Bank Statement Ending Balance per Bank Statement Additions: Deductions: CADIEUX COMPANY Bank Reconciliation September 30 Company's Books Ending Balance per Cash Account Additions: 0 0 Deductions: 0 0 0 0 Up-to-Date Cash Balance $ 0 Up-to-Date Cash Balance $ 0
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