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

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At April 30 the bank reconciliation of Drofo Company shows three outstanding checks: No. $254 \$ 650$, No. $255 \$ 820$, and No. $257 \$ 410$. The May bank statement and the May cash payments journal are given here:

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\section*{Instructions}
Using step 2 in the reconciliation procedure (see page 300 ), list the outstanding checks at May 31.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

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

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Question Posted: Jun 13, 2024 02:10 AM

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

Question:

Bank Statement Checks Paid Cash Payments Journal Checks Issued Date Check No. Amount Date Check No. Amount 5/4 254 $650 5/2 258 $159 5/2 257 410 5/5 259 275 5/17 258 159 5/10 260 925 5/12 259 275 5/15 261 500 5/20 261 500 5/22 262 750 5/29 263 480 5/24 263 480 5/30 262 750 5/29 264 360

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Financial Accounting Tools For Business Decision Making

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