Solution-Reconciliation procedure, Bank reconciliation of

Reconciliation procedure

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Reference no: EM13531543

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 Checks Paid
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 Checks Issued
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, list the outstanding checks at May 31.

Reference no: EM13531543

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Reconciliation procedure : Bank reconciliation of Silvestre Company - The May bank statement and the May cash payments journal are given here.

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Reconciliation procedure

Reference no: EM13531543

Reference no: EM13531543

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