Check No. | Amount |
#255 | 870 |
#260 | 950 |
#264 | 500 |
Outstanding checks are those checks which are issued for payment but not yet presented in bank. These are deducted from cash book but not from bank statement. |
Exercise 7-10 On April 30, the bank reconciliation of Oriole Company shows three outstanding checks: no....
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...
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...
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...
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...
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...
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 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 Westbrook Company shows three outstanding checks: no. 254, $650; no. 255, $620; and no. 257, $410. The May bank statement and the May cash payments are shown as follows. Bank Statement Checks Paid Check No. 254 257 258 Amount $650 410 159 Date 5/4 5/2 5/17 5/12 5/20 5/29 5/30 275 500 480 263 262 750 Cash Payments Checks Issued Check No. 258 259 260 Amount $159 275 890 Date 5/2...
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...