The September 30 bank statement for Cadieux Company and the September ledger account for cash...
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Accounting
The September 30 bank statement for Cadieux Company and the September ledger account for cash are summarized here:
BANK STATEMENT
Checks
Deposits
Other
Balance
Balance, September 1
$ 2,160
September 7
NSF check
$ 100
2,060
September 11
$ 3,240
5,300
September 12
#101
$ 880
4,420
September 17
#102
1,860
2,560
September 26
#103
2,380
180
September 29
EFT deposit
190
370
September 30
Service charge
20
350
Cash (A)
Debit
Credit
September 1
Balance
2,160
September 10
3,240
880
September 10
#101
September 30
2,900
1,860
September 15
#102
2,380
September 22
#103
50
September 28
#104
September 30
Balance
3,130
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 Companys customers.
Required:
Prepare a bank reconciliation.
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