Question - On April 30, the bank reconciliation of Galena Company shows three outstanding checks: no. 254, $624, no. 255, $842, and no. 257, $473. The May bank statement and the May cash payments journal show the following.
|
Bank Statement
|
|
Cash Payments Journal
|
|
Checks Paid
|
|
Checks Issued
|
|
Date
|
Check No.
|
Amount
|
|
Date
|
Check No.
|
Amount
|
|
5/4
|
254
|
624
|
|
5/2
|
258
|
131
|
|
5/2
|
257
|
473
|
|
5/5
|
259
|
249
|
|
5/17
|
258
|
131
|
|
5/10
|
260
|
815
|
|
5/12
|
259
|
249
|
|
5/15
|
261
|
539
|
|
5/20
|
261
|
539
|
|
5/22
|
262
|
705
|
|
5/29
|
263
|
455
|
|
5/24
|
263
|
455
|
|
5/30
|
262
|
705
|
|
5/29
|
264
|
549
|
Instructions - Using step 2 in the reconciliation procedure, list the outstanding checks at May 31.