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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.] 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 Debit September 1 Balance September 10 September 30 September 30 Balance BANK STATEMENT Deposits Checks # 101 $ 870 # 102 1,840 # 103 2,370 Cash (A) $ 3,210 2,140 3,210 870 2,850 1,840 2,370 3,070 50 22 Other NSF check Credit September 10 September 15 September September 28 EFT deposit Service charge # 101 # 102 # 103 #104 100 185 20 Balance $ 2,140 2,040 5,250 4,380 2,540 170 355 335

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: Balance, September 1 September 7 September 11 September 12 September 17 September 26 September 29 September 30 Debit September 1 Balance September 10 September 30 September 30 Balance BANK STATEMENT Deposits Checks # 101 $ 870 # 102 1,840 # 103 2,370 Cash (A) $ 3,210 2,140 3,210 870 2,850 1,840 2,370 3,070 50 22 Other NSF check Credit September 10 September 15 September September 28 EFT deposit Service charge # 101 # 102 # 103 #104 100 185 20 Balance $ 2,140 2,040 5,250 4,380 2,540 170 355 335

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter4: Internal Control And Cash
Section: Chapter Questions
Problem 47E
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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.] 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 Debit September 1 Balance. September September 30 10 September 30 E5-6 (Algo) Part 1 Balance Required: 1. Prepare a bank reconciliation. Deductions: Ending Balance per Bank Statement Additions: BANK STATEMENT Deposits Checks Up-to-Date Cash Balance # 101 $ 870 # 102 1,840 # 103 2,370 Bank Statement Cash (A) 2,140 3,210 870 2,850 1,840 2,370 3,070 $ 3,210 50 15 $ 22 September 10 September September September 28 NSF check EFT deposit Service charge Credit 0 0 Other CADIEUX COMPANY Bank Reconciliation September 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. # 101 # 102 #103 #104 $ 100 185 20 Deductions: Ending Balance per Cash Account Additions: Balance $ 2,140 0 0 Up-to-Date Cash Balance 2,040 5,250 4,380 2,540 170 355 335 Company's Books $ 0 0 0 0
Transcribed Image Text: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: Balance, September 1 September 7 September 11 September 12 September 17 September 26 September 29 September 30 Debit September 1 Balance. September September 30 10 September 30 E5-6 (Algo) Part 1 Balance Required: 1. Prepare a bank reconciliation. Deductions: Ending Balance per Bank Statement Additions: BANK STATEMENT Deposits Checks Up-to-Date Cash Balance # 101 $ 870 # 102 1,840 # 103 2,370 Bank Statement Cash (A) 2,140 3,210 870 2,850 1,840 2,370 3,070 $ 3,210 50 15 $ 22 September 10 September September September 28 NSF check EFT deposit Service charge Credit 0 0 Other CADIEUX COMPANY Bank Reconciliation September 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. # 101 # 102 #103 #104 $ 100 185 20 Deductions: Ending Balance per Cash Account Additions: Balance $ 2,140 0 0 Up-to-Date Cash Balance 2,040 5,250 4,380 2,540 170 355 335 Company's Books $ 0 0 0 0
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