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 $$12,385.$ The August $31$ unadjusted balance in the Cash account of Hall$$s Cards is $$8,090.$ A review of the bank statement revealed the following information:

A deposit of $$1,040$ 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 $$2,265$ but was recorded on the books as $$3,165.$

When checks written during the month were compared with those paid by the bank, three checks amounting to $$4,480$ were found to be outstanding.

A debit memo for $$45$ 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 $1$

$\backslash$table$[[$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 $1,]]$