Rick Hall owns a card shop, Hall$?$s Cards. The following cash information is available for the month of August, Year $3.$

As of August $31,$ ?the bank statement shows a balance of $$12,460.$ ?The August $31$ ?unadjusted balance in the Cash account of Hall$?$s Cards is $$8,423.$ ?A review of the bank statement revealed the following information:

A deposit of $$1,720$ ?on August $31,$ ?Year $3,$ ?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 $$2,610$ ?but was recorded on the books as $$3,510.$

When checks written during the month were compared with those paid by the bank, three checks amounting to $$4,915$ ?were found to be outstanding.

A debit memo for $$58$ ?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.

Note: Negative amounts should be indicated with minus sign.

HALL'S CARDS Bank Reconciliation August 31, Year 3 Unadjusted Bank Balance, August 31, Year 3 True Cash Balance, August 31, Year 3 Unadjusted Book Balance, August 31, Year 3 True Cash Balance, August 31, Year 3