On April 30, the bank reconciliation of Perrin Company shows three outstanding Determine outstanding checks. checks: no.

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On April 30, the bank reconciliation of Perrin Company shows three outstanding Determine outstanding checks.

checks: no. 254, $650; no. 255, $720; and no. 257, $410. The May bank statement and the (LO 7)

May cash payments journal show the following.

Bank Statement Cash Payments Journal Checks Paid Checks Issued Date Check No. Amount Date Check No. Amount 5/4 254 650 5/2 258 159 5/2 DT 410 5/5 259 DHS)

SYA 7 258 159 5/10 260 820 Sy 259 DUS) SyilS) 261 500 5/20 261 500 5/22 262 750 5/29 263 480 5/24 263 480 5/30 264 560 5/29 264 560 Instructions Using step 2 in the reconciliation procedure, list the outstanding checks at May 31.

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Financial Accounting

ISBN: 9780470929384

8th Edition

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

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