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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

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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 Account number 629 Main Street 62-00062 HAZARD, GA 30321 March 31, Year 2 Beginning balance 3/1/Year 2 $9,060 Total deposits and other credits 30,031 Total checks and other debits 24,925 Ending balance 3/31/Year 2 14,166 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,787 March 1 $1,130 1463 1,673 March 2 6,535 1464 8,031 March 6 4,964 1465 2,931 March 12 6,202 1466 1,438 March 17 5,998 1467 6,215 March 22 2,117 DM 50 CM 3,085 1468 800 The following is a list of checks and deposits recorded on the books of Pyle Garage for March, Year 2: No. Date March March Amount of Deposit $6,535 4,964 1 5 Date March 1 March 5 March 6 March 9 March 10 March 14 March 19 March 28 Check Amount of Check 1463 $1,673 1464 8,031 1465 2,931 1466 1,438 1467 6,215 1468 120 1469 1,533 1470 775 March 10 6,202 March 16 March 19 March 29 5,998 2,117 3,580 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 $1,130. 6. Check no. 1468 was for the purchase of equipment. 7. The unadjusted Cash account balance at March 31 was $13,083. 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. 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. (Negative amounts should be indicated with minus sign.) PYLE GARAGE Bank Reconciliation March 31, Year 2 Unadjusted Bank Balance, March 31, Year 2 True Cash Balance, March 31. Year 2 Unadjusted Book Balance, March 31, Year 2 True Cash Balance, March 31, Year 2 Hoculteu Required B > Complete this question by entering your answers in the tabs below. Required A Required B Explain 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 (Required A

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