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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						$9,090
Total deposits and other credits						30,194
Total checks and other debits						25,167
Ending balance 3/31/2018						14,117
	Checks and Debits					Deposits and Credits
	Check No.		Amount			Date		Amount
		1462	$	3,811		March	1	$	1,155
		1463		1,696		March	2		6,557
		1464		8,054		March	6		4,996
		1465		2,955		March	12		6,223
		1466		1,462		March	17		6,019
		1467		6,238		March	22		2,138
		DM		71		CM			3,106
		1468		880

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

Date			Check No.	Amount of Check			Date			Amount of Deposit
March	1		1463	$	1,696		March	1		$	6,557
March	5		1464		8,054		March	5			4,996
March	6		1465		2,955
March	9		1466		1,462		March	10			6,223
March	10		1467		6,238
March	14		1468		160		March	16			6,019
March	19		1469		1,553		March	19			2,138
March	28		1470		801		March	29			3,599

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 $1,155.

6. Check no. 1468 was for the purchase of equipment.

7. The unadjusted Cash account balance at March 31 was $13,047.

Required:

1. Prepare the bank reconciliation for Pyle Garage at the end of March.

2. How the adjustments described above affect the cash account.

Complete this question by entering your answers in the tabs below.

Part A

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

Part B

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.

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