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Required information Problem 6-18A (Algo) Preparing a bank reconciliation LO 6-3 [The following information applies to the questions displayed below.] Rick Hall owns a card

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Required information Problem 6-18A (Algo) Preparing a bank reconciliation LO 6-3 [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 $13,645. The August 31 unadjusted balance in the Cash account of Hall's Cards is $9,655. A review of the bank statement revealed the following information: 1. A deposit of $1,480 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 $2,105 but was recorded on the books as $3,005. 3. When checks written during the month were compared with those paid by the bank, three checks amounting to $4,605 were found to be outstanding. 4. A debit memo for $35 was included in the bank statement for the pur hase of a new supply of checks. Problem 6-18A (Algo) Part b Required information Record the entry to correct the error created while recording check for inventory. Note: Enter debits before credits. Record entry for office supplies expenses. Note: Enter debits before credits

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