The following information is available for Pyle Garage for March 2018 BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage 629 Main Street HAZARD, GA 30321 Account number 62-00062 March 31, 2018 Beginning balance 3/1/2018 Total deposits and other credits Total checks and other debits Ending balance 3/31/2018 $9,048 29,934 24,792 14,190 Checks and Debits Check No. Deposits and Credits Amount Date Amount 1462 1463 1464 1465 1466 1467 DM 1468 $3,775 1,663 8,018 2,914 1,422 6,202 38 760 March 2 March 6 March 12 March 17 March 22 March 1 $1,117 6,518 4,951 6, 192 5, 982 2,105 3,069 The following is a list of checks and deposits recorded on the books of Pyle Garage for March 2018 Amount of Deposit $6,518 4, 951 Check Amount of Check Date March 1 1463 $1,663 March 1 March 51464 March 6 1465 March 91466 March 10 1467 March 14 1468 No Date 8,018 2,914 1,422 6,202 March 5 March 10 6, 192 March 19 1469 March 28 1470 100 March 16 1,519 March 19 762 March 29 5, 982 2,105 3, 568 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 $1,117. 6. Check no. 1468 was for the purchase of equipment. 7. The unadjusted Cash account balance at March 31 was $13,106. Required: a. Prepare the bank reconciliation for Pyle Garage at the end of March b. How the adjustments described above affect the cash account. Required A Required B Prepare the bank reconciliation for Pyle Garage at the end of March. PYLE GARAGE Bank Reconciliation March 31, 2018 Unadjusted Bank Balance, March 31, 2018 True Cash Balance, March 31, 2018 Unadjusted Book Balance, March 31, 2018 True Cash Balance, March 31, 2018 Required A Required B 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 Cash No Account 4