In: Accounting
Problem 6-18A Preparing a bank reconciliation LO 6-3
Rick Hall owns a card shop: Hall’s Cards. The following cash
information is available for the month of August Year 1.
As of August 31, the bank statement shows a balance of $12,025. The
August 31 unadjusted balance in the Cash account of Hall’s Cards is
$8,595. A review of the bank statement revealed the following
information:
****Required
a. Prepare a bank reconciliation at the end of
August showing the true cash balance.