Homework Help is Here – Start Your Trial Now!
Business
Accounting
Check my work Balance, September 1 Checks BANK STATEMENT Deposits Other Balance $ 2,000 September 7 NSF check $ 100 1,900 September 11 $ 3,000 4,900 September 12 #101 $ 800 4,100 September 17 #102 1,700 2,400 September 26 #103 2,300 100 September 29 EFT deposit 150 September 30 Service charge 150 250 230 Cash (A) Debit Credit September 1 Balance 2,000 September 10 3,000 800 September 10 #101 September 30 2,500 1,700 September 15 #102 2,300 September 22 #103 50 September 28 #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 S < Prev 10 of 11 Next >

Check my work Balance, September 1 Checks BANK STATEMENT Deposits Other Balance $ 2,000 September 7 NSF check $ 100 1,900 September 11 $ 3,000 4,900 September 12 #101 $ 800 4,100 September 17 #102 1,700 2,400 September 26 #103 2,300 100 September 29 EFT deposit 150 September 30 Service charge 150 250 230 Cash (A) Debit Credit September 1 Balance 2,000 September 10 3,000 800 September 10 #101 September 30 2,500 1,700 September 15 #102 2,300 September 22 #103 50 September 28 #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 S < Prev 10 of 11 Next >

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question
None
Check my work Balance, September 1 Checks BANK STATEMENT Deposits Other Balance $ 2,000 September 7 NSF check $ 100 1,900 September 11 $ 3,000 4,900 September 12 #101 $ 800 4,100 September 17 #102 1,700 2,400 September 26 #103 2,300 100 September 29 EFT deposit 150 September 30 Service charge 150 250 230 Cash (A) Debit Credit September 1 Balance 2,000 September 10 3,000 800 September 10 #101 September 30 2,500 1,700 September 15 #102 2,300 September 22 #103 50 September 28 #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 S < Prev 10 of 11 Next >
Transcribed Image Text:Check my work Balance, September 1 Checks BANK STATEMENT Deposits Other Balance $ 2,000 September 7 NSF check $ 100 1,900 September 11 $ 3,000 4,900 September 12 #101 $ 800 4,100 September 17 #102 1,700 2,400 September 26 #103 2,300 100 September 29 EFT deposit 150 September 30 Service charge 150 250 230 Cash (A) Debit Credit September 1 Balance 2,000 September 10 3,000 800 September 10 #101 September 30 2,500 1,700 September 15 #102 2,300 September 22 #103 50 September 28 #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 S < Prev 10 of 11 Next >
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS