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Help Save & 1 The following information applies to the questions displayed below.) Rick Hall owns a card shop: Hal's Cards. The following cash information

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Help Save & 1 The following information applies to the questions displayed below.) Rick Hall owns a card shop: Hal's Cards. The following cash information is available for the month of August Year 1. As of August 31, the bank statement shows a balance of $16,140. The August 31 unadjusted balance in the Cash account of Hall's Cards is $14,100. A review of the bank statement revealed the following information: nts 1. A deposit of $4,150 on August 31, Year 1, does not appear on the August bank statement. 2. It was that a check to pay for baseball cards was correctly written and paid by the bank for $4,500 but was recorded on the books as $5,400 3. When checks written during the month were compared with those paid by the bank, three checks amounting to $5,370 4. A debit memo for $80 was included in the bank statement for the purchase of a new supply of checks. a. Prepare a bank reconciliation at the end of August showing the true cash balance. Bank Reconciliation True Cash Balance, 1 of 2 Next >

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