Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 26 Sep 2017 My Price 7.00

Gabe Lewis Company

On April 30, the bank reconciliation of Gabe Lewis Company shows three outstanding checks: no. 254, $650; no. 255, $820; and no. 257, $410. The May bank statement and the May cash payments journal show the following.

 

Bank Statement

 
 

Checks Paid

 

Date

Check No.

Amount

5/4

254

650

5/2

257

410

5/17

258

159

5/12

259

275

5/20

261

500

5/29

263

480

5/30

262

750

     
 

Cash Payments Journal

 
 

Checks Issued

 

Date

Check No.

Amount

5/2

258

159

5/5

259

275

5/10

260

890

5/15

261

500

5/22

262

750

5/24

263

480

5/29

264

560

Instructions

Using step 2 in the reconciliation procedure, list the outstanding checks at May 31.

Answers

(5)
Status NEW Posted 26 Sep 2017 03:09 PM My Price 7.00

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