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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 $9,075 Total deposits and other credits 30,123 Total checks and other debits 25,054 Ending balance 3/31/Year 2 14,144 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,798 March 1 $1,145 1463 1,688 March 2 6,550 1464 8,045 March 6 4,981 1465 2,947 March 12 6,212 1466 1,451 March 17 6,009 1467 6,222 March 22 2,130 DM 63 CM 3,096 1468 840 The following is a list of checks and deposits recorded on the books of Pyle Garage for March, Date March March March March 1 5 6 9 Check No. 1463 1464 1465 1466 Amount of Check $1,688 8,045 2,947 1,451 Date March March 1 5 Amount of Deposit $6,550 4,981 va March 10 6,212 > March 10 6,212 March 6 March 9 March 10 March 14 March 19 March 28 1465 1466 1467 1468 1469 1470 2,947 1,451 6,222 140 1,542 786 March 16 March 19 March 29 6,009 2,130 3,588 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 $1,145. 6. Check no. 1468 was for the purchase of equipment 7. The unadjusted Cash account balance at March 31 was $13,071. 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. 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 0 $ 0 True Cash Balance, March 31, Year 2 Unadjusted Book Balance, March 31, Year 2 0 Oo True Cash Balanco, March 31, Year 2

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