Question: could you help me please ?? Rick Hall owns a card shop, Hall's Cards. The following cash information is available for the month of August
Rick Hall owns a card shop, Hall's Cards. The following cash information is available for the month of August Yeart As of August 31, the bank statement shows a balance of $14,380. The August 31 unadjusted balance in the Cash account of Hall's Cards is $9,863. A review of the bank statement revealed the following information a 1. A deposit of $1,030 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 $4,585 were found to be outstanding 4. A debit memo for $38 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 (Negative amounts should be indicated with minus sign.) 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
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