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The following information is available for Pyle Garage for March 2018: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage Account

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The following information is available for Pyle Garage for March 2018: 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 $9,052 Total deposits and other credits 29,984 Total checks and other debits 24,862 Ending balance 3/31/2018 14,174 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,784 March $1,123 1463 1,668 March 6,526 1464 8,023 March 6 4,958 1465 2,924 March 12 6,198 1466 1,428 March 17 5,990 1467 6,209 March 22 2,113 DM 46 CM 3,076 1468 780 1 2 The following is a list of checks and deposits recorded on the books of Pyle Garage for March 2018: Date March March Amount of Deposit $6,526 4,958 5 Date March 1 March 5 March 6 March 9 March 10 March 14 March 19 March 28 Check No. 1463 1464 1465 1466 1467 1468 1469 1470 Amount of Check $1,668 8,023 2,924 1.428 6.209 110 1.526 767 March 10 6,198 March 16 March 19 March 29 5,990 2.113 3,575 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 $1,123. 6. Check no. 1468 was for the purchase of equipment. 7. The unadjusted Cash account balance at March 31 was $13,096. Required: a. Prepare the bank reconciliation for Pyle Garage at the end of March. b. How the adjustments described above affect the cash account Required: a. Prepare the bank reconciliation for Pyle Garage at the end of March b. How the adjustments described above affect the cash account Complete this question by entering your answers in the tabs below. Required A Required B 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 0 True Cash Balance, March 31, 2018 Unadjusted Book Balance, March 31, 2018 $ 0 True Cash Balance, March 31, 2018 0 0 S Required B Required: a. Prepare the bank reconciliation for Pyle Garage at the end of March. b. How the adjustments described above affect the cash account. Complete this question by entering your answers in the tabs below. Required a Required B How the adjustments described above affect the cash account. (Select "Not affected" if there is no affect on the "Cash account".) 5 Item No. Affect on the Cash Account 1 2. 3 4 5 6

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