2 4 B 9 10 11 12 13 14 15 1 Instructions for 6-21B Problem 6-21bB Bank reconciliation and adjustments to cash accounts 3 The Following Information available for Plve Garage for March Year 1 BANK STATEMENT 5 HAZARD STATE BANK 215 MAIN STREET 6 HAZARD, GA 30321 7 Pyle Garage Account number 629 Main Street 62-002 HI, GA MB 171 March 11. Your Beginning balance 3/1/Year 1 SI5.000.00 Total deposits and other credits 7.AX) Total checks and other debits 6.000.00 Ending balance 3/31/Year 1 16XEO) Checks and Debits Deposits and Credits Check No. Amount Date Amount 1-862 $1.161.00 March 1 SI.CO 1463 March 2 1.340.00 1164 1.235.00 Marsh 6 210.00 750.00 March 12 1.940.00 1-466 1.1 11.00 March 17 18 855.00 1467 954.00 March 22 1.480.00 19 15.00 175.00 20 1468 700.00 21 The following is a list of checks and deposits recorded on the books for Plye Garage for March Year 1 22 Amount Amount 23 Date Check No. of Check Date of Deposit March 1 1463 $ 62,00 March 1 S1.340.00 25 March 5 1.235.00 March 210.00 March 6 1465 26 750.00 March 9 1466 1,111.00 March 10 27 1.940,00 March 10 1467 964.00 March 14 1468 70.00 March 16 855.00 29 March 19 1469 1,500.00 March 19 1.480.00 March 28 1470 102.00 March 29 2.000.00 31 62.00 ON- 16 17 1465 DM CM 24 1464 28 30 32 33 34 35 37 Other Information 1. Check no. 1462 was outstanding from February. 2. A credit memo for collection of accounts receivable was included in the bank statement. 36 3. All checks were paid at the correct amount. 4. The bank statement included a debit memo for service charges. 5. The February 28 bank reconciliation showed a deposit in transit of $1,000. 6. Check no. 1468 was for the purchase of equipment. 7. The unadjusted Cash account balance at March 31 was $16,868. 41 Required 42. Prepare the bank reconciliation for Pyle Garage at the end of March. 38 39 40 00 E F 1 2 3 4 Plye Garage Bank Reconiliation March 31, Year 1 Unadjusted Bank Balance, March 31, Year 1 Add: Deposit in Transit Bank Error: Less Outstanding Checks: 5 6 7 8 9 Check Number Date Amounts 10 11 12 13 14 15 16 Total True Cash Balance, March 31, Year 1 17 18 20 21 19 Unadjusted Book Balance, March 31, Year 1 Add: Receivable collected by bank Error made by accountant Less: Bank Service Charge NSF Check True Cash Balance, March 31, Year 1 22 23 24