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: Checks DANK STATEMENT Deposits Other NSF check $ 100 $3,000 Balance, September 1 September 7 September 11 September 12 September 17 September 26 September 29 September 30 101 #102 #103 $ 800 1,700 2,300 Balance $ 2,000 1,900 4,900 4,100 2,400 100 250 230 RPT deposit Service charge 150 20 Cash (A) Debit Balance Credit September 1 September 10 September 30 2.000 3,000 2.500 800 1,700 2,300 50 September 10 September 15 September 22 September 20 101 7102 103 2104 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. 3. What should the balance in the Cash account be after recording the journal entries in reduirement 2? Cash Balance 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: Checks BANK STATEMENT Deposits Other NSF check $ 100 $ 3,000 Balance, September 1 September 7 September 11 September 12 September 17 September 26 September 29 September 30 1101 0102 #103 $ 800 1,700 2,300 Balance $ 2,000 1,900 4,900 4,100 2,400 100 250 230 EFT deposit Service charge 150 20 Cash (A) Dobit Balance Credit September 1 September 10 September 30 2,000 3,000 2,500 800 1,700 2,300 50 September 10 September 15 September 22 September 28 101 2102 7103 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, 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 Expedia, Incorporated, reported total cash or $4,877 million at June 30, 2019. Of this amount. $619 million was set aside and could be used only for specific short-term purposes, as defined in legal contracts and regulations: $1,439 million was invested in money market funds and time deposits with original maturities of less than 90 days; and the remaining $2,819 million was held in bank accounts. Expedia also reported $631 million in short-term investments (maturing in 90 to 360 days). $522 million of deferred revenue, $3,021 million of accounts receivable, and $295 million of prepaid insurance. TIP: Not all accounts listed are current assets. Required: Show the current assets section of Expedia's balance sheet (Enter your answers in millions.) EXPEDIA, INCORPORATED Balance Sheet (Partial) (in millions) Gatti Corporation reported the following balances at June 30. Accounts Payable $ 110 Accounts Receivable 70 Accumulated Depreciation Equipment 40 Cash 10 Cash Equivalents 15 Common Stock 100 Deferred Revenue 40 Depreciation Expense 15 Dividends 5 Equipment 300 Notes Payable (long-term) 60 "Notes Payable (short-term) 30 Petty Cash 5 Restricted Cash (short-term) 20 Retained Earnings 40 Salaries and Wages Expense 400 Service Revenue 480 Utilities Expense 60 Required: 1. What amount should be reported as "Cash and Cash Equivalents"? 2. Prepare a classified balance sheet. Do not show the components that add up to your answer in requirement 1, but rather show only the line "Cash and Cash Equivalents." Complete this question by entering your answers in the tabs below. Required 1 Required 2 What amount should be reported as "Cash and Cash Equivalents"? Cash and Cash Equivalents 9 Complete this question by entering your answers in the tabs below. -45 gints Required 1 Required 2 Prepare a classified balance sheet. Do not show the components that add up to your answer in requirement 1, but rather show only the line "Cash and Cash Equivalents. Amounts to be deducted should be indicated by a minus sign. eBook GATTI CORPORATION Balance Sheet Hint Print References
