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At April 30, the bank reconciliation of Ivanhoe Company shows three outstanding checks: No. 254 $710, No. 255 $1,185, and No. 257 $485. The May
At April 30, the bank reconciliation of Ivanhoe Company shows three outstanding checks: No. 254 $710, No. 255 $1,185, and No. 257 $485. The May bank statement and the May cash payments journal are given here.
Bank Statement Checks Paid | ||||
---|---|---|---|---|
Date | Check No. | Amount | ||
5-4 | 254 | $710 | ||
5-2 | 257 | 485 | ||
5-17 | 258 | 201 | ||
5-12 | 259 | 275 | ||
5-20 | 260 | 1,065 | ||
5-29 | 263 | 515 | ||
5-30 | 262 | 830 |
Cash Payments Journal Checks Issued | ||||
---|---|---|---|---|
Date | Check No. | Amount | ||
5-2 | 258 | $201 | ||
5-5 | 259 | 275 | ||
5-10 | 260 | 1,065 | ||
5-15 | 261 | 450 | ||
5-22 | 262 | 830 | ||
5-24 | 263 | 515 | ||
5-29 | 264 | 380 |
Using step 2 in the reconciliation procedure, list the outstanding checks at May 31.
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