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M5-10 (Static) Identifying Outstanding Checks [LO 5-4] Use the following bank statement and T-account to identify outstanding checks that should be included in the
M5-10 (Static) Identifying Outstanding Checks [LO 5-4] Use the following bank statement and T-account to identify outstanding checks that should be included in the May 31 bank reconciliation. Date May 1 May 4 Checks BANK STATEMENT Deposits Other Balance $ 200 #2 $ 10 $ 50 240 May 12 #4 100 NSF check $ 50 90 May 28 #5 20 70 May 30 #6 May 31 8# 15 55 200 255 Service charge 5 195 Cash (A) Debit Credit May 1 May 3 200 50 10 May 3 #2 May 29 May 30 May 31 Date 200 150 2225 4550 70 100 000 20 15 25 55 305 Check Number Amount May 4 #3 May 8 #4 May 11 #5 May 21 #6 May 29 #7 May 30 #8
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