The following information is available for Pyle Garage for March, Year 2:

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, Year 2
Beginning balance 3/1/Year 2	$ 9,055
Total deposits and other credits	30,008
Total checks and other debits	24,891
Ending balance 3/31/Year 2	14,172
Checks and Debits	Deposits and Credits
Check Number	Amount	Date	Amount
1462	$ 3,786	March	1	$ 1,127
1463	1,669	March	2	6,530
1464	8,026	March	6	4,961
1465	2,929	March	12	6,201
1466	1,433	March	17	5,993
1467	6,210	March	22	2,115
DM	48	CM		3,081
1468	790

The following is a list of checks and deposits recorded on the books of Pyle Garage for March, Year 2:

Date	Check Number	Amount of Check	Date	Amount of Deposit
March 1	1463	$ 1,669	March 1	$ 6,530
March 5	1464	8,026	March 5	4,961
March 6	1465	2,929
March 9	1466	1,433	March 10	6,201
March 10	1467	6,210
March 14	1468	115	March 16	5,993
March 19	1469	1,531	March 19	2,115
March 28	1470	771	March 29	3,578

Other Information

Check number 1462 was outstanding from February.

A credit memo for collection of accounts receivable was included in the bank statement.

All checks were paid at the correct amount.

The bank statement included a debit memo for service charges.

The February 28 bank reconciliation showed a deposit in transit of $1,127.

Check number 1468 was for the purchase of equipment.

The unadjusted Cash account balance at March 31 was $13,090.

Required:

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

Explain 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.

Note: Negative amounts should be indicated with minus sign.

PYLE GARAGE
Bank Reconciliation
March 31, Year 2
Unadjusted Bank Balance, March 31, Year 2
		0
True Cash Balance, March 31, Year 2		$0
Unadjusted Book Balance, March 31, Year 2
		0
True Cash Balance, March 31, Year 2		$0

• Required A
• Required B

Explain how the adjustments described above affect the cash account.

Note: Select "Not affected" if there is no affect on the "Cash account".

Item Number	Affect on the Cash Account
1.
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