On April 30, the bank reconciliation of Perrin Company shows three outstanding checks: no. 254, $650; no.
Question:
On April 30, the bank reconciliation of Perrin Company 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.
Instructions
Using step 2 in the reconciliation procedure, list the outstanding checks at May31.
Transcribed Image Text:
Bank Statement Cash Payments Journal Checks Paid Checks Issued Check No 254 257 258 259 261 263 264 Date 5/2 5/5 5/10 5/15 5/22 5/24 5/29 Check No 258 259 260 261 262 263 264 Date 5/4 5/2 Amount 650 410 159 275 500 480 560 Amount 159 275 820 500 750 480 560 5/12 5/20 5/29 5/30
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Related Book For
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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