On April 30, the bank reconciliation of Ottawa Travel shows three outstanding checks: no. 254, $650; no.

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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.

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Hospitality Financial Accounting

ISBN: 978-0470083604

2nd Edition

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

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Question Posted: Feb 06, 2013 06:53 AM

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On April 30, the bank reconciliation of Ottawa Travel shows three outstanding checks: no. 254, $650; no.

Question:

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

Step by Step Answer:

Outstanding checks on 31 A may Date Check No A...View the full answer

Hospitality Financial Accounting

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