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Problem $6-18$A $($Static$)$ Preparing a bank reconciliation LO $6-3$

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$[$The following information applies to the questions displayed below.$]$

Rick Hall owns a card shop: Hall$$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:

A deposit of $$4,150$ on August $31,$ Year $1,$ 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 the bank for $$4,500$ but was recorded on the books as $$5,400.$

When checks written during the month were compared with those paid by the bank, three checks amounting to $$5,370$ were found to be outstanding.

A debit memo for $$80$ was included in the bank statement for the purchase of a new supply of checks.

Problem $6-18$A $($Static$)$ Part a

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a$.$ Prepare a bank reconciliation at the end of August showing the true cash balance.