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 Don't use plagiarized sources. Get Your Custom Essay on at april 30 the bank reconciliation of silvestre company shows three outstanding che 533934 For $10/Page 0nly | ||
| 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.
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