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Question - On April 30, the bank reconciliation of Galena Company shows three outstanding checks: no. 254, $624, no. 255, $842, and no. 257, $473.  The May bank statement and the May cash payments journal show the following.

Bank Statement


Cash Payments Journal

Checks Paid


Checks Issued

Date

Check No.

Amount


Date

Check No.

Amount

5/4

254

624


5/2

258

131

5/2

257

473


5/5

259

249

5/17

258

131


5/10

260

815

5/12

259

249


5/15

261

539

5/20

261

539


5/22

262

705

5/29

263

455


5/24

263

455

5/30

262

705


5/29

264

549

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

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