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 Beginning balance 3/1/Year 2 Total deposits and other credits Total checks and other debits Account number 62-00062 March 31, Year 2 $9,093 30,215 25, 201 Ending balance 3/31/Year 2 14,107 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,816 March 1 $1,160 1463 1,701 March 2 6,558 1464 8,059 March 6 5,001 1465 2,956 March 12 6,224 1466 1,464 March 17 6,022 1467 6,242 March 22 2,140 DM 1468 73 890 CM 3,110 The following is a list of checks and deposits recorded on the books of Pyle Garage for March, Year 2: Check Amount of Amount of Date No. Check March: March March March March 10 15690 1463 $1,701 Date March Deposit 1 $6,558 1464 8,059 March 5 5,001 1465 2,956 1466 1,464 March 10 6,224 1467 6,242 March 14 1468 165 March 16 6,022 March 19 1469 1,557 March 19 2,140 March 28 1470 803 March 29 3,601 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 $1,160. 6. Check no. 1468 was for the purchase of equipment. 7. The unadjusted Cash account balance at March 31 was $13,036. Required: a. Prepare the bank reconciliation for Pyle Garage at the end of March. b. Explain how the adjustments described above affect the cash account.