Casey?s Construction, Inc.?s checkbook lists the following:

Casey?s Construction, Inc.?s September bank statement shows the following:

Requirements

1. Prepare Casey?s Construction, Inc.?s bank reconciliation on September 30, 2018. How much cash does Casey?s Construction, Inc., actually have on September 30?

2. Prepare all necessary journal entries for Casey?s Construction, Inc., to update the Cash account as a result of the bank reconciliation.

Transcribed Image Text:

Date Check No. Check Balance Deposit Item $1,500 1,480 1,750 1,702 1,557 1,408 1,218 9/1 922 McKinstry Kitchen Dividends received $ 20 $ 270 10 Kingston Products Easton, Inc. (payment on account) Cash Office Surplus North West Properties 923 48 145 149 190 527 14 924 925 926 927 15 19 27 28 691 4,891 Monthly Sales 4,200 30 $1,500 Bal, Sep 1 Deposits: 270 Checks: No. Amount 922 $ 20 923 48 924 154* 925 149 (371) Other Charges: Printed checks $25 Service charge 14 Bal, Sep 30 (39) $1,360