At April 30, the bank reconciliation of Silvestre Company shows three outstanding checks: No. 254 $650, No. 255 $700, and No. 257 $410. The May bank statement and the May cash payments journal are given here.
|
Bank Statement
Checks Paid
|
|
Date
|
Check No.
|
Amount
|
|
05-Apr
|
254
|
$650
|
|
05-Feb
|
257
|
410
|
|
May-17
|
258
|
159
|
|
05-Dec
|
259
|
275
|
|
May-20
|
260
|
925
|
|
May-29
|
263
|
480
|
|
May-30
|
262
|
750
|
|
Cash Payments Journal
Checks Issued
|
|
Date
|
Check No.
|
Amount
|
|
05-Feb
|
258
|
$159
|
|
05-May
|
259
|
275
|
|
05-Oct
|
260
|
925
|
|
May-15
|
261
|
500
|
|
May-22
|
262
|
750
|
|
May-24
|
263
|
480
|
|
May-29
|
264
|
360
|
Instructions
Using step 2 in the reconciliation procedure, list the outstanding checks at May 31.