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Required information [The following information applies to the questions displayed below) The September 30 bank statement for Cadieux Company and the September ledger account for
Required information [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: Balance, September 1 September 7 September 11 September 12 September 17 September 26 September 29 September 30 BANK STATEMENT Checks Deposits Other Balance $2,000 NSF check $ 100 1,900 $ 3,000 4,900 #101 $800 4,100 #102 1,700 2,400 103 2,300 100 EFT deposit Service charge 150 250 20 230 Cash (A) Debit Credit September 1 Balance 2,000 September 10 September 30 3,000 800 2,500 1,700 September 10 #101 September 15 #102 2,300 September 22 #103 50 September 20 104 September 30 Balance 2,650 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. 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: Deductions: Up-to-Date Cash Balance Up-to-Date Cash Balance 3. What should the balance in the Cash account be after recording the journal entries in requirement 2? Cash Balance 4. If the company also has $400 of petty cash on hand (recorded in a separate account), what total amount of cash should the company report on the September 30 balance sheet? Total Amount of Cash
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