7-10
Cclegg00
7-10.docExercise 7-10
On April 30, the bank reconciliation of Perrin Company shows three outstanding checks: no. 254, $650; no. 255, $720; and no. 257, $410. The May bank statement and the May cash payments journal show the following.
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Bank Statement |
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Checks Paid |
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Date |
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Check No. |
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Amount |
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5/4 |
|
254 |
|
650 |
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5/2 |
|
257 |
|
410 |
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5/17 |
|
258 |
|
159 |
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5/12 |
|
259 |
|
275 |
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5/20 |
|
261 |
|
500 |
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5/29 |
|
263 |
|
480 |
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5/30 |
|
264 |
|
560 |
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Cash Payments Journal |
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Checks Issued |
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Date |
|
Check No. |
|
Amount |
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5/2 |
|
258 |
|
159 |
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5/5 |
|
259 |
|
275 |
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5/10 |
|
260 |
|
820 |
|
5/15 |
|
261 |
|
500 |
|
5/22 |
|
262 |
|
750 |
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5/24 |
|
263 |
|
480 |
|
5/29 |
|
264 |
|
560 |
List the outstanding checks at May 31.
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No. |
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Amount |
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$
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Total |
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$
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