On April 30, the bank reconciliation of Hinckley Resorts shows three outstanding checks: no. 254, $650, no.

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On April 30, the bank reconciliation of Hinckley Resorts shows three outstanding checks:

no. 254, $650, no. 255, $720, and no. 257, $410. The May bank statement and the May cash payments journal show the following. LO6 Bank Statement Checks Paid Date Check No. Amount 5/4 254 650 5/2 257 410 5/17 258 159 5/12 259 275 5/20 261 500 5/29 263 480 5/30 262 750 Cash Payments Journal Checks Issued Date Check No. Amount 5/2 258 159 5/5 259 275 5/10 260 925 5/15 261 500 5/22 262 750 5/24 263 480 5/29 264 560 Instructions Using step 2 in the reconciliation procedure, list the outstanding checks at May 31.

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Hospitality Financial Accounting

ISBN: 9780471270553

1st Edition

Authors: Jerry J Weygandt, Donald E Kieso, Paul D Kimmel, Agnes L DeFranco

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