Rick Hall owns a card shop, Hall's Cards. The following cash information is available month of August 2016. As of August 31, the bank statement shows a balance of exist16, 140. The August 31 balance in the Cash account of Hall's Cards is exist14, 100. A review of the bank the following information: A deposit of exist4, 150 on August 31, 2016, does not appear on the August bank It was discovered that a check to pay for baseball cards was correctly written and bank for exist4, 500 but was recorded on the books as exist5, 400. When checks written during the month were compared with those paid by the checks amounting to exist5, 370 were found to be outstanding. A debit memo for exist80 was included in the bank statement for the purchase of of checks. a. Prepare a bank reconciliation at the end of August showing the true cash balance b. Prepare any necessary journal entries to adjust the books to the true cash balance. The following data apply to Pro Beauty Supply Inc. for May 2016