Required:

1. Prepare the bank reconciliation for Pyle Garage at the end of March.

2. How the adjustments described above affect the cash account.

BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage Account number 629 Main Street 62-00062 HAZARD, GA 30321 March 31, 2018 Beginning balance 3/1/2018 $9,032 Total deposits and other credits 29,824 Total checks and other debits 24,630 Ending balance 3/31/2018 14,226 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,762 March 1 $1,103 1463 1,647 March 2 6,503 1464 8,002 March 6 4,933 1465 2,899 March 12 6,176 1466 1,404 March 17 5,967 1467 6,189 March 22 2,088 DM 3,054 1468 710 The following is a list of checks and deposits recorded on the books of Pyle Garage for March 2018: Date March March Amount of Check $1,647 8,002 2,899 1,404 6,189 Amount of Deposit $6,503 4,933 Date March 1 March 5 March 6 March 9 March 10 March 14 March 19 March 28 1 5 Check No. 1463 1464 1465 1466 1467 1468 1469 1470 March 10 6,176 75 1,505 748 March 16 March 19 March 29 5,967 2,088 3,552 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. 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 $1,103. 6. Check no. 1468 was for the purchase of equipment. 7. The unadjusted Cash account balance at March 31 was $13,123. Prepare the bank reconciliation for Pyle Garage at the end of March. PYLE GARAGE Bank Reconciliation March 31, 2018 Unadjusted Bank Balance, March 31, 2018 True Cash Balance, March 31, 2018 Unadjusted Book Balance, March 31, 2018 True Cash Balance, March 31, 2018 How the adjustments described above affect the cash account. (Select "Not affected" if there is no affect on the "Cash account":) Item No. Affect on the Cash Account 1. Cash is increased Cash is decreased Not affected