At April 30, the bank reconciliation of Silvestre Company shows three outstanding checks: No. 254 $650, No.

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At April 30, the bank reconciliation of Silvestre Company shows three outstanding checks: No. 254 $650, No. 255 $ 700, and No. 257 $410. The May bank statement and the May cash payments journal are given here..

InstructionsUsing step 2 in the reconciliation procedure (see page 354), list the outstanding checks at May31

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Financial Accounting Tools for business decision making

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Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Sep 22, 2011 10:57 AM

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At April 30, the bank reconciliation of Silvestre Company shows three outstanding checks: No. 254 $650, No.

Question:

Bank Statement Checks Paid Check No. 254 257 258 259 260 263 262 Cash Payments Journal Checks Issued Check No. 258 259 Amount Amount Date Date 5-4 5-2 5-17 $650 410 159 275 925 480 $159 275 5-2 5-5 925 5-10 261 262 263 5-12 500 5-22 5-24 5-29 5-20 5-29 5-30 750 480 360 264 750

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