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 $12,895. The August 31 unadjusted balance in the Cash account of Halls Cards is $8,363. A review of the bank statement revealed the following information:

1) A deposit of $1,060 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 $1,655 but was recorded on the books as $2,555.

3) When checks written during the month were compared with those paid by the bank, three checks amounting to $4,785 were found to be outstanding.

4) A debit memo for $93 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