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 September 1 September 10 September 30 September 30 Debit Balance Balance #101 #102 #103 Checks BANK STATEMENT Deposits $.820 1,740 2,320 Cash (A) 2,040 3,060 820 2,600 1,740 2,320 50 2,770 $ 3,060 NSF check EFT deposit Service charge Credit Other September 10 September 15 September 22 September 28 #101 #102 #103 #104 $ 100 160 20 Balance $ 2,040 1,940 5,000 4,100 2,440 120 280 260 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.

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.