On April 30, the bank reconciliation of Metlock, Inc. shows three outstanding checks: no. 254, $630; no. 255, $870; and no. 257, $500 The May bank statement and the May cash payments are shown as follows. Date 5/4 5/2 5/17 5/12 5/20 5/29 5/30 Date 5/2 Bank Statement 5/5 5/10 5/15 5/22 5/24 5/29 Checks Paid Check No. 254 257 258 259 261 263 262 258 259 260 261 262 263 Cash Payments Checks Issued Check No. Amount $289 264 Amount $630 500 Check No. 289 215 590 460 770 215 980 590 770 460 540 Using Step 2 in the reconciliation procedure, list the outstanding checks at May 31. Amount

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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### Bank Reconciliation for Metlock, Inc.

On April 30, the bank reconciliation for Metlock, Inc. shows three outstanding checks: 
- Check No. 254: $630
- Check No. 255: $870
- Check No. 257: $500

The May bank statement and the May cash payments are detailed below.

#### Bank Statement

<table>
  <thead>
    <tr>
      <th>Date</th>
      <th>Check No.</th>
      <th>Amount</th>
    </tr>
  </thead>
  <tbody>
    <tr>
      <td>5/4</td>
      <td>254</td>
      <td>$630</td>
    </tr>
    <tr>
      <td>5/2</td>
      <td>257</td>
      <td>$500</td>
    </tr>
    <tr>
      <td>5/17</td>
      <td>258</td>
      <td>$289</td>
    </tr>
    <tr>
      <td>5/12</td>
      <td>259</td>
      <td>$215</td>
    </tr>
    <tr>
      <td>5/20</td>
      <td>261</td>
      <td>$590</td>
    </tr>
    <tr>
      <td>5/26</td>
      <td>260</td>
      <td>$460</td>
    </tr>
    <tr>
      <td>5/30</td>
      <td>262</td>
      <td>$770</td>
    </tr>
  </tbody>
</table>

#### Cash Payments

<table>
  <thead>
    <tr>
      <th>Date</th>
      <th>Check No.</th>
      <th>Amount</th>
    </tr>
  </thead>
  <tbody>
    <tr>
      <td>5/2</td>
      <td>258</td>
      <td>$289</td>
    </tr>
    <tr>
      <td>5/5</td>
      <td>259</td>
      <td>$215</td>
    </tr>
    <tr>
      <td>5/10</td>
Transcribed Image Text:### Bank Reconciliation for Metlock, Inc. On April 30, the bank reconciliation for Metlock, Inc. shows three outstanding checks: - Check No. 254: $630 - Check No. 255: $870 - Check No. 257: $500 The May bank statement and the May cash payments are detailed below. #### Bank Statement <table> <thead> <tr> <th>Date</th> <th>Check No.</th> <th>Amount</th> </tr> </thead> <tbody> <tr> <td>5/4</td> <td>254</td> <td>$630</td> </tr> <tr> <td>5/2</td> <td>257</td> <td>$500</td> </tr> <tr> <td>5/17</td> <td>258</td> <td>$289</td> </tr> <tr> <td>5/12</td> <td>259</td> <td>$215</td> </tr> <tr> <td>5/20</td> <td>261</td> <td>$590</td> </tr> <tr> <td>5/26</td> <td>260</td> <td>$460</td> </tr> <tr> <td>5/30</td> <td>262</td> <td>$770</td> </tr> </tbody> </table> #### Cash Payments <table> <thead> <tr> <th>Date</th> <th>Check No.</th> <th>Amount</th> </tr> </thead> <tbody> <tr> <td>5/2</td> <td>258</td> <td>$289</td> </tr> <tr> <td>5/5</td> <td>259</td> <td>$215</td> </tr> <tr> <td>5/10</td>
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