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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 September 1 September 10 September 30 September 30 Debit Balance Balance Total Amount of Cash Checks #101 #102 #103 BANK STATEMENT Deposits 1.800 1,700 2,300 Cash (A) 2,000 3,000 2,500 1,700 600 2,300 50 2,650 $3,000 NSF check Other EFT deposit Service charge Credit September 10 September 15 September 22 September 26 #101 #102 #103 #104 $ 100 150 20 Balance $ 2,000 4,900 4,900 4,100 2,400 100 250 230 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 (Static) Part 4 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?

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 September 1 September 10 September 30 September 30 Debit Balance Balance Total Amount of Cash Checks #101 #102 #103 BANK STATEMENT Deposits 1.800 1,700 2,300 Cash (A) 2,000 3,000 2,500 1,700 600 2,300 50 2,650 $3,000 NSF check Other EFT deposit Service charge Credit September 10 September 15 September 22 September 26 #101 #102 #103 #104 $ 100 150 20 Balance $ 2,000 4,900 4,900 4,100 2,400 100 250 230 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 (Static) Part 4 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?

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 (Static) 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 September 1 September 10 September 30 September 30 Debit Balance Balance Total Amount of Cash) Checks #101 #102 #103 $ 800 1,700 2,300 BANK STATEMENT Deposits Cash (A) 2,000 3,000 2,500 2,650 600 1,700 2,300 50 $3,000 NSE check Other EFT deposit Service charge Credit September 10. September 15 September 22 September 26 #101 #102 #103 #104 $ 100 150 20 Balance $2,000 1,900 4,900 4,100 2,400 100 250 230 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 (Static) Part 4 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?
Transcribed Image Text:Required information E5-6 (Static) 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 September 1 September 10 September 30 September 30 Debit Balance Balance Total Amount of Cash) Checks #101 #102 #103 $ 800 1,700 2,300 BANK STATEMENT Deposits Cash (A) 2,000 3,000 2,500 2,650 600 1,700 2,300 50 $3,000 NSE check Other EFT deposit Service charge Credit September 10. September 15 September 22 September 26 #101 #102 #103 #104 $ 100 150 20 Balance $2,000 1,900 4,900 4,100 2,400 100 250 230 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 (Static) Part 4 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?
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