help #33

Problem 6-18A (Algo) Preparing a bank reconciliation LO 6-3 Rick Hall owrs a card shop. Hali's Cards. The following Cash information is availatle for the month of August Year: 1 : As of August 3t, the bank statement shows a balance of $13,775. The August Jt unadjuted bafance in the Cash account of Hail's Cards is 59,465 . A review of the bank shacment revealed the following ieformation: 1. A denovit of 51,450 on August 31, Yeat 1, does not appear on the August bank statement 2. It was discovered that a check to pay for basebail cards was correcty witsed and paid by the bank for 33,060 but was recorded on the books as $3,960. 3. When checks wisten during the month were compared with those paid by the bank, three chechs amounting to 54.990 weie found to be outstanding 4. A debit memo for 530 was incivided in the bankestatemert for then piarchase of a neve supply of checks. Reevired: Prepare a bank reconcitation at the end of August showing the true cosh balance. Motec Negstive bmounts should be indicated with miniat slgh. Required: Prepare a bank retoncilation at the end of August showing the true cash balance. Notee Negotive amounts should be indicated with minus sign