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 $9,049 Total deposits and other credits 29,958 Total checks and other debits 24,823 Ending balance 3/31/Year 2 14, 184 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,779 March 1 $1, 121 1463 1,664 March 2 6,523 1464 8,019 March 6 4,954 1465 2,919 March 12 6,193 1466 1,426 March 17 5,985 1467 6,204 March 22 2,109 DM 42 3,073 1468 770 The following is a list of checks and deposits recorded on the books of Pyle Garage for March, Year 2: Amount of Deposit $6,523 4,954 Amount Check of Date No. Check Date March 1 1463 $1,664 March 1 March 5 1464 8,019 March 5 March 6 1465 2,919 March 9 1466 1,426 March 10 March 10 1467 6,204 March 14 1468 105 March 16 March 19 1469 1,521 March 19 March 28 1470 764 March 29 6,193 5,985 2,109 3,570 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 $1,121. 6. Check no. 1468 was for the purchase of equipment. 7. The unadjusted Cash account balance at March 31 was $13,103. 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 Required A B Complete this question by entering your answers in the tabs below. Required Required A 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 Complete this question by entering your answers in the tabs below. Required Required A B Explain how the adjustments described above affect the cash account. (Select "Not affected" if there is no affect on the "Cash account".) Item Affect on the No. Cash Account 1. 2. 3. 4. 5. 6. OWN