Question: Required information Problem 6-18A (Algo) Preparing a bank reconciliation LO 6-3 The following information apples to the questions displayed below? Rock Hall owns a card




Required information Problem 6-18A (Algo) Preparing a bank reconciliation LO 6-3 The following information apples to the questions displayed below? Rock Hall owns a card shop. Halrs Cards. The followng cash information is avallable for the month of August Year 1 As of August 31 the bank statement shows a balance of $13;895 the August 31 unadjusted balance in the Cash account of Halls Cards is 59,875 A revew of the bank stotement revealed the following information 1. A deposit of $1420 en August 31, Year 1, does not appear on the August bank statement. 2. If was discovered that a check to pay for basebal cards was correctly written and paid by the bank for $2,205 but was recorded on the books as $3105 3. When checks writien during the month were compared with those paid by the bank, thee chechs amounting to $4.030 were found to be outstanding 4. A debrt memo for $90 was included in the bank statement for the purchose of a new supply of checks Record the entry to correct the error created while recording check for inventory. Note: Enter debits before credits. Record entry for office supplies expenses. Note: Enter debits before credits. a. Prepare a bank reconciliation at the end of August showing the true cash balance. Required a. Prepare a bank reconciliation at the end of August showing the true cash balance
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