Rick Hall owns a card shop, Halls Cards. The following cash information is available for the month of August 2018: As of August 31, the bank statement shows a balance of $11,830. The August 31 unadjusted balance in the Cash account of Halls Cards is $8,814. A review of the bank statement revealed the following information:

1. A deposit of $1,920 on August 31, 2018, 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 $1,760 but was recorded on the books as $2,660.

3. When checks written during the month were compared with those paid by the bank, three checks amounting to $4,065 were found to be outstanding.

4. A debit memo for $29 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, 2018
Unadjusted Bank Balance, August 31, 2018
True Cash Balance, August 31, 2018
Unadjusted Book Balance, August 31, 2018
True Cash Balance, August 31, 2018