On April 30, the bank reconciliation of Ottawa Travel shows three outstanding checks: no. 254, $650; no.
Question:
On April 30, the bank reconciliation of Ottawa Travel 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:
Using step 2 in the reconciliation procedure, list the outstanding checks on May31.
Transcribed Image Text:
Bank Statement Cash Pavments Journal Checks Issued Checks Paid Check No. Date Check No 5/2 Date Amount 650 410 159 Amount 258 275 790 5/2 257 258 261 262 5/10 5/15 5/22 260 261 262 263 264 5/12 500 750
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Outstanding checks on 31 A may Date Check No A...View the full answer
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Related Book For
Hospitality Financial Accounting
ISBN: 978-0470083604
2nd Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.
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