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[The following information applies to the questions displayed below.] Rick Hall owns a card shop: Halls 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 $11,735. The August 31 unadjusted balance in the Cash account of Halls Cards is $7,673. A review of the bank statement revealed the following information:

A deposit of $1,760 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 $2,480 but was recorded on the books as $3,380.

When checks written during the month were compared with those paid by the bank, three checks amounting to $4,945 were found to be outstanding.

A debit memo for $23 was included in the bank statement for the purchase of a new supply of checks.

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

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