bob carson owns a card shop card talk the following 269715

Bob Carson owns a card shop, Card Talk. The following cash information is available for the month of August, 2012. As of August 31, the bank statement shows a balance of $17,000. The August 31 unadjusted balance in the Cash account of Card Talk is $16,000. A review of the bank statement revealed the following information:

1. A deposit of $2,260 on August 31, 2012, 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 $4,040 but was recorded on the books as $4,400.

3. When checks written during the month were compared with those paid by the bank, three checks amounting to $3,000 were found to be outstanding.

4. A debit memo for $100 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.