On April 30, the bank reconciliation of Sunland Company shows three outstanding checks: no. 254, $730; no. 255, $910; and no. 257, $310. The May bank statement and the May cash payments journal show the following. Bank Statement Checks Paid Date Check No. Amount 5/4 254 $730 5/2 257 310 5/17 258 249 5/12 259 200 5/20 261 500 5/29 263 430 5/30 262 690 Cash Payments Journal Checks Issued Date Check No. Amount 5/2 258 $249 5/5 259 200 5/10 260 840 5/15 261 500 5/22 262 690 5/24 263 430 5/29 264 580
On April 30, the bank reconciliation of Sunland Company shows three outstanding checks: no. 254, $730; no. 255, $910; and no. 257, $310. The May bank statement and the May cash payments journal show the following. Bank Statement Checks Paid Date Check No. Amount 5/4 254 $730 5/2 257 310 5/17 258 249 5/12 259 200 5/20 261 500 5/29 263 430 5/30 262 690 Cash Payments Journal Checks Issued Date Check No. Amount 5/2 258 $249 5/5 259 200 5/10 260 840 5/15 261 500 5/22 262 690 5/24 263 430 5/29 264 580
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
On April 30, the bank reconciliation of Sunland Company shows three outstanding checks: no. 254, $730; no. 255, $910; and no. 257, $310. The May bank statement and the May cash payments journal show the following.
|
Bank Statement
|
|||||
|---|---|---|---|---|---|
|
Checks Paid
|
|||||
|
Date
|
Check No.
|
Amount
|
|||
|
5/4
|
254
|
$730 | |||
|
5/2
|
257
|
310 | |||
|
5/17
|
258
|
249 | |||
|
5/12
|
259
|
200 | |||
|
5/20
|
261
|
500 | |||
|
5/29
|
263
|
430 | |||
|
5/30
|
262
|
690 |
|
Cash Payments Journal
|
||||
|---|---|---|---|---|
|
Checks Issued
|
||||
|
Date
|
Check No.
|
Amount
|
||
|
5/2
|
258
|
$249 | ||
|
5/5
|
259
|
200 | ||
|
5/10
|
260
|
840 | ||
|
5/15
|
261
|
500 | ||
|
5/22
|
262
|
690 | ||
|
5/24
|
263
|
430 | ||
|
5/29
|
264
|
580 |
List the outstanding checks at May 31.
|
No.
|
Amount
|
|||
|---|---|---|---|---|
|
Select a check number
|
$Enter a dollar amount
|
|||
|
Select a check number
|
Enter a dollar amount
|
|||
|
Select a check number
|
Enter a dollar amount
|
|||
|
Total
|
$Enter a total amount of outstanding checks in dollars
|
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