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 $14,225. The August 31 unadjusted balance in the Cash account of Halls Cards is $9,854. A review of the bank statement revealed the following information:

1. A deposit of $1,110 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 $3,400.
3. When checks written during the month were compared with those paid by the bank, three checks amounting to $4,605 were found to be outstanding.
4. A debit memo for $24 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 True Cash Balance, August 31, Year 1 0