The following information is available for Pyle Garage for March 2018:

BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321
Pyle Garage 629 Main Street HAZARD, GA 30321						Account number 62-00062 March 31, 2018
Beginning balance 3/1/2018						$9,063
Total deposits and other credits						30,048
Total checks and other debits						24,959
Ending balance 3/31/2018						14,152
	Checks and Debits					Deposits and Credits
	Check No.		Amount			Date		Amount
		1462	$	3,789		March	1	$	1,131
		1463		1,676		March	2		6,539
		1464		8,034		March	6		4,968
		1465		2,936		March	12		6,204
		1466		1,442		March	17		6,000
		1467		6,217		March	22		2,120
		DM		55		CM			3,086
		1468		810

The following is a list of checks and deposits recorded on the books of Pyle Garage for March 2018:

Date			Check No.	Amount of Check			Date			Amount of Deposit
March	1		1463	$	1,676		March	1		$	6,539
March	5		1464		8,034		March	5			4,968
March	6		1465		2,936
March	9		1466		1,442		March	10			6,204
March	10		1467		6,217
March	14		1468		125		March	16			6,000
March	19		1469		1,534		March	19			2,120
March	28		1470		778		March	29			3,583

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 $1,131.

6. Check no. 1468 was for the purchase of equipment.

7. The unadjusted Cash account balance at March 31 was $13,077.

Required:

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

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

Part A

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

Part B

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.
2.
3.
4.
5.
6.