Homework SourseThe September 30 bank statement for Cadieux Company and the
The September 30 bank statement for Cadieux Company and the September ledger account for cash are summarized here:
BANK STATEMENT
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.
| The September 30 bank statement for Cadieux Company and the September ledger account for cash are summarized here: |
Solution
Solution :
| Cadieux Company | |||
| Bank Reconciliation - September 30 | |||
| Bank\'s Cash balance | Company\'s cash balance | ||
| Particulars | Amount | Particulars | Amount |
| Ending balance as per Bank Statements | $275.00 | Ending Balance as per cash books | $2,830.00 |
| Additions: | Additions: | ||
| Outstanding cash receipt | $2,650.00 | EFT Deposit | $165.00 |
| Deductions: | Deductions: | ||
| Outstanding Check (Check no 104) | $50.00 | NSF Check | $100.00 |
| Service Charge | $20.00 | ||
| Up to date cash balance as per bank | $2,875.00 | Up to date cash balance as per books | $2,875.00 |
