At April 30, the bank reconciliation of Silvestre Company shows three outstanding checks: No. 254 $650, No. 255 $700, and No. 257 $410. The May bank statement and the May cash payments journal are given here.
|
Bank Statement |
||
|
Date |
Check No. |
Amount |
|
05-Apr |
254 |
$650 |
|
05-Feb |
257 |
410 |
|
May-17 |
258 |
159 |
|
05-Dec |
259 |
275 |
|
May-20 |
260 |
925 |
|
May-29 |
263 |
480 |
|
May-30 |
262 |
750 |
|
Cash Payments Journal |
||
|
Date |
Check No. |
Amount |
|
05-Feb |
258 |
$159 |
|
05-May |
259 |
275 |
|
05-Oct |
260 |
925 |
|
May-15 |
261 |
500 |
|
May-22 |
262 |
750 |
|
May-24 |
263 |
480 |
|
May-29 |
264 |
360 |
Instructions
Using step 2 in the reconciliation procedure (see page 354), list the outstanding checks at May 31.