Preparing a bank reconciliation Hank Brock owns a card shop, Four Aces. The following cash information is available for the month of August 2014. As of August 31, the bank statement shows a balance of $15, 320. The August 31 unadjusted balance in the Cash account of Four Aces is $13, 910. A review of the bank statement revealedthe following information: A deposit of $4, 295 on August 31, 2014, does not appear on the August bank statement. It was discovered that a check to pay for baseball cards was correctly written and paid by thebank for $3, 650 but was recorded on the books as $4, 400. When checks written during the month were compared with those paid by the bank, threechecks amounting to $5, 030 were found to be outstanding. A debit memo for $75 was included in the bank statement for the purchase of a new supplyof checks. Required Prepare a bank reconciliation at the end of August showing the true cash balance