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Rick Hal owns a card shop, Hall's Cards. The following cash information is available for the month of August Yeart As of August 31, the
Rick Hal owns a card shop, Hall's Cards. The following cash information is available for the month of August Yeart As of August 31, the bank statement shows a balance of $13.360. The August 31 unadjusted balance in the Cash account of Hell's Cards is $9.490 A review of the bank statement revealed the following information 1. A deposit of $1610 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 $3.500 but was recorded on the books as $4.400 3. When checks written during the month were compared with those paid by the bank, three checks amounting to $4,625 were found to be outstanding 4. A debit memo for S45 was included in the bank statement for the purchase of a new supply of checks Required 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 Tra Cash Balance August 31 Year 1
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