(Solved): Required information E5-6 (Static) Preparing a Bank Reconciliation and Journal Entries and Reportin ...

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: Checks BANK STATEMENT Deposits Other Balance, September 1 September 7 Balance. $ 2,000 1,900 NSP check $ 100 $ 3,000 4,900 September 11 September 12 September 17 $800 4,100 1,700 2,400 September 26 2,300 100 September 29 September 30 150 EFT deposit Service charge. 250 20 230 Cash (A) Debit Credit Balance. September 1 September 10 September 30 2,000 3,000 #101 800 2,500 1,700 2,300 50 September 10 September 15 September 22 September 28 #102 #103 #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. #101 #102 #103 Required: 1. Prepare a bank reconciliation. Ending Balance per Bank Statement Additions: Deductions: Up-to-Date Cash Balance, Bank Statement CADIEUX COMPANY Bank Reconciliation September 30 Company's Books Ending Balance per Cash Account Additions: Deductions: Up-to-Date Cash Balance E5-6 (Static) Part 3 3. What should the balance in the Cash account be after recording the journal entries in requirement 2? Cash Balance 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.