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

BANK STATEMENT

HAZARD STATE BANK

215 MAIN STREET

HAZARD, GA 30321Pyle Garage

629 Main Street

HAZARD, GA 30321Account number

62-00062

March 31, 2018Beginning balance 3/1/2018$9,067Total deposits and other credits30,072Total checks and other debits24,995Ending balance 3/31/201814,144Checks and DebitsDeposits and CreditsCheck No.AmountDateAmount1462$3,794March1$1,13514631,680March26,54314648,038March64,97114652,941March126,20714661,447March176,00414676,218March222,123DM57CM3,0891468820

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

DateCheck No.Amount of CheckDateAmount of DepositMarch11463$1,680March1$6,543March514648,038March54,971March614652,941March914661,447March106,207March1014676,218March141468130March166,004March1914691,535March192,123March281470781March293,586

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 $1,135.
6. Check no. 1468 was for the purchase of equipment.
7. The unadjusted Cash account balance at March 31 was $13,072.

Required:

1. Prepare the bank reconciliation for Pyle Garage at the end of March.
2. How the adjustments described above affect the cash account.