The reconciled cash balance from Hudson Corporation's August 31 bank reconciliation was $34,780. Hudson recorded the following events in the general ledger Cash account during the month of September:
(1) Cheques totalling $176,978 were issued;
(2) Salaries of $39,170 were electronically deposited to employee accounts;
(3) The monthly EFT payment of $2,600 was made for rent; and
(4) Deposits totalled $199,680.
Instructions
(a) Calculate Hudson's cash balance in the general ledger Cash account on September 30, prior to the bank reconciliation.
(b) Indicate the effects of items (1) through (4) in the bank reconciliation.