! 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: Balance, September 11 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 $ 810 1,720 2,310 Cash (A) 2,020 3,030 810 2,550 1,720 2,310 50 2,710 $ 3,030 NSF check EFT deposit Service charge. Credit Other September 10. September 15 September 22 September 28 # 101 # 102 # 103 #104 $ 100. 155 20 Balance $ 2,020 1,920 4,950 4,140 2,420 110 265 245 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 $420 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?

! 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: Balance, September 11 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 $ 810 1,720 2,310 Cash (A) 2,020 3,030 810 2,550 1,720 2,310 50 2,710 $ 3,030 NSF check EFT deposit Service charge. Credit Other September 10. September 15 September 22 September 28 # 101 # 102 # 103 #104 $ 100. 155 20 Balance $ 2,020 1,920 4,950 4,140 2,420 110 265 245 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 $420 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?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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