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Required information [The following information applies to the questions displayed below) Rick Hall owns a card shop, Halls Cards. The following cash information 85 avaliable
Required information [The following information applies to the questions displayed below) Rick Hall owns a card shop, Halls Cards. The following cash information 85 avaliable for the month of August Yeart At of August 31, the bank statement shows a balance of $13,065. The Augustatunadjusted balance in the cash account of Hall's Cards is $9.304. A review of the bank statement revealed the following information 1. A depout of $1150 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 $2.500 but was recorded on the books as $3.490. 3. When checks written during the month were compared with those paid by the bank three checks amounting to $4.075 were found to be outstanding 4. A debit memo for $64 was included in the bank statement for the purchase of a new supply of checks b. Prepare any necessary journal entries to adjust the books to the true cash balance of no entry is required for a transaction/event. select "No journal entry required in the first account field.) View transactions Journal entry worksheet Record the entry to correct the error created while recording check for inventory Not Enter debit before credits Event General Journal Debit Credit 1 Record entry Clear entry View general journal b. Prepare any necessary journal entries to adjust the books to the true cash balance of no entry is required for transaction/event select "No journal entry required in the first account Meld.) View transaction Journal entry worksheet Record entry for office supplies gentes Enter debts borer General Journal Debit Credit Henry Carry View general
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