hits flook P Rick Hall owns a card shop, Hall's Cards. The following cash information is available for the month of August Yeart As of August 31, the bank statement shows a balance of $11,840. The August 31 unadjusted balance in the Cash account of Hall's Cards is $8,530. A review of the bank statement revealed the following information: 1. A deposit of $1,930 on August 31, Year 1, does not appear on the August bank statement. 2. It was discovered that a check to pay for baseball cards was correctly written and paid by the bank for $1,915 but was recorded on the books as $2,815 3. When checks written during the month were compared with those paid by the bank, three checks amounting to $4,425 were found to be outstanding. 4. A debit memo for $85 was included in the bank statement for the purchase of a new supply of checks. Required Prepare a bank reconciliation at the end of August showing the true cash balance. (Negative amounts should be indicated with minus sign.) ints eBook Print References Required Prepare a bank reconciliation at the end of August showing the true cash balance. (Negative amounts should be indicated with minus sign.) HALL'S CARDS Bank Reconciliation August 31, Year 1 Unadjusted Bank Balance, August 31, Year 1 True Cash Balance, August 31, Year 1 Unadjusted Book Balance, August 31, Year 1 True Cash Balance, August 31, Year 1 $ $ 0
