On April 30, the bank reconciliation of Gabe Lewis Company shows three outstanding checks: no. 254, $650;

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On April 30, the bank reconciliation of Gabe Lewis 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 show the following..

InstructionsUsing step 2 in the reconciliation procedure, list the outstanding checks at May31

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Accounting Principles

ISBN: 978-0470534793

10th Edition

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

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Question Posted: Oct 24, 2011 08:21 AM

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On April 30, the bank reconciliation of Gabe Lewis Company shows three outstanding checks: no. 254, $650;

Question:

Bank Statement Checks Paid Check No. 254 257 258 259 261 263 Cash Payments Journal Checks Issued Check No. 258 259 260 261 Date Date Amount 650 410 159 275 500 480 Amount 5/4 159 275 5/2 5/5 5/2 5/17 5/10 5/15 5/22 5/24 5/29 890 500 5/12 5/20 262 263 750 480 5/30 750 264 262 560

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Accounting Principles

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