On April 30, the bank reconciliation of Larkspur, Inc. shows
three outstanding checks: no. 254, $720; no. 255, $850; and no.
257, $380. The May bank statement and the May cash payments are
shown as follows.
Bank Statement |
|||||
Checks Paid |
|||||
Date |
Check No. |
Amount |
|||
5/4 | 254 | $720 | |||
5/2 | 257 | 380 | |||
5/17 | 258 | 259 | |||
5/12 | 259 | 220 | |||
5/20 | 261 | 420 | |||
5/29 | 263 | 430 | |||
5/30 | 262 | 770 |
Cash Payments |
||||
Checks Issued |
||||
Date |
Check No. |
Amount |
||
5/2 | 258 | $259 | ||
5/5 | 259 | 220 | ||
5/10 | 260 | 850 | ||
5/15 | 261 | 420 | ||
5/22 | 262 | 770 | ||
5/24 | 263 | 430 | ||
5/29 | 264 | 560 |
Using Step 2 in the reconciliation procedure, list the outstanding checks at May 31
Check No. |
Amount |
|||
? | $
? |
|||
? |
? |
|||
? |
? |
|||
? |
Total |
$
? |
Using Step 2 in the reconciliation procedure, list the outstanding checks at May 31
Check No. |
Amount |
|||
255 | 850 | |||
260 | 850 | |||
264 | 560 | |||
Total |
$2260 |
On April 30, the bank reconciliation of Larkspur, Inc. shows three outstanding checks: no. 254, $720;...
At April 30, the bank reconciliation of Ivanhoe Company shows three outstanding checks: No. 254 $710, No. 255 $1,185, and No. 257 $485. The May bank statement and the May cash payments journal are given here. Bank Statement Checks Paid Date Check No. Amount 5-4 254 $710 5-2 257 485 5-17 258 201 5-12 259 275 5-20 260 1,065 5-29 263 515 5-30 262 830 Cash Payments Journal Checks Issued Date Check No. Amount 5-2 258 $201 5-5 259 275...
At April 30, the bank reconciliation of Ivanhoe Company shows three outstanding checks: No. 254 $710, No. 255 $1,185, and No. 257 $485. The May bank statement and the May cash payments journal are given here. Bank Statement Checks Paid Date Check No. Amount $710 485 5-4 254 5-2 257 5-17 258 5-12 259 5-20 260 5-29263 5-30 262 275 1,065 830 Cash Payments Journal Checks Issued Date Check No. Amount 5-2 258 $201 5-5 259 275 1,065 5-10 5-15...
At April 30, the bank reconciliation of Carla Vista Co. shows three outstanding checks: No. 254 $720, No. 255 $840, and No. 257 $485. The May bank statement and the May cash payments journal are given here. Bank Statement Checks Paid Date Check No. Amount 5-4 254 $720 5-2 257 485 5-17 258 160 5-12 259 340 5-20 260 1,070 5-29 263 530 5-30 262 775 Cash Payments Journal Checks Issued Date Check No. Amount 5-2 258 $160 5-5 259...
On April 30, the bank reconciliation of Sheridan Company shows three outstanding checks: no. 254, $550, no. 255, $830, and no. 257$320. The May bank statement and the May cash payments journal show the following Bank Statement Checks Paid Check No. Da Amount 254 257 258 5/4 5/2 5/17 5/12 5/20 5/29 5/30 $550 320 179 180 540 259 261 . 263 580 262 740 Cash Payments Journal Checks Issued Check No. 258 259 Date 5/2 5/5 5/10 5/15 5/22...
At April 30, the bank reconciliation of Pharoah Company shows three outstanding checks: No. 254 $670, No. 255 $960, and No. 257 $505. The May bank statement and the May cash payments journal are given here. Bank Statement Checks Paid Date Check No. Amount 5-4 254 $670 5-2 257 505 5-17 258 205 5-12 259 360 5-20 260 1,220 5-29 263 540 5-30 262 795 Cash Payments Journal Checks Issued Date Check No. Amount 5-2 258 $205 5-5 259 360...
At April 30, the bank reconciliation of Sunland Company shows three outstanding checks: No. 254 $735, No. 255 $865, and No. 257 $470. The May bank statement and the May cash payments journal are given here. Bank Statement Checks Paid Date Check No. Amount 5-4 $735 5-2 254 257 258 470 5-17 203 5-12 259 355 5-20 260 1,110 5-29 263 490 5-30 262 800 Cash Payments Journal Checks Issued Date Check No. Amount $203 5-2 5-5 5-10 355 258...
Exercise 7-10 On April 30, the bank reconciliation of Oriole Company shows three outstanding checks: no. 254, $610; no. 255, $870; and no. 257, $430. The May bank statement and the May cash payments are shown as follows. Bank Statement Checks Pald Check No. 254 257 258 Date 5/4 5/2 5/17 5/12 5/20 5/29 5/30 Amount $610 430 249 205 500 259 261 263 262 460 800 Cash Payments Checks Issued Check No. 258 Date 5/2 259 5/5 5/10 5/15...
8 At April 30, the bank reconciliation of Henderson Company shows three outstanding checks written in April: No. 254 $600, No. 255 $800, and No. 257 $410. The May bank statement and the May cash payments record are given here. Bank Statement Checks Paid Cash Payments Record Checks Issued Date Check No. Amount Date Check No. Amount 5-4 254 $600 5-2 258 $159 5-2 257 410 5-5 259 275 5-17 258 159 5-10 260 925 5-12 259 275 5-15 261...
Exercise 7-7 At April 30, the bank reconciliation of Sheridan Company shows three outstanding checks: No. 254 $730, No. 255 $905, and No. 257 $450. The May bank statement and the May cash payments journal are given here Bank Statement Checks Paid Date Check No. Amount 5-4 5-2 5-17 5-12 5-20 5-29 5-30 254 257 258 259 260 263 262 $730 450 181 300 965 515 790 Cash Payments Journal Checks Issued Date Check No. Amount $181 300 965 450...
Exercise 8-10 On April 30, the bank reconciliation of Crane Company shows three outstanding checks: no. 254, $750; no. 255, $900; and no. 257, $360. The May bank statement and the May cash payments journal show the following. Bank Statement Checks Paid Check No. 254 Date Amount $750 360 257 258 5/4 5/2 5/17 5/12 5/20 5/29 5/30 169 340 259 261 540 470 263 262 830 Cash Payments Journal Checks Issued Check No. 258 Date Amount $169 259 340...