BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 |
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Pyle Garage 629 Main Street HAZARD, GA 30321 |
Account number 62-00062 March 31, 2018 |
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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
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Check no. 1462 was outstanding from February.
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A credit memo for collection of accounts receivable was included
in the bank statement.
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All checks were paid at the correct amount.
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The bank statement included a debit memo for service
charges.
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The February 28 bank reconciliation showed a deposit in transit
of $1,155.
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Check no. 1468 was for the purchase of equipment.
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The unadjusted Cash account balance at March 31 was $13,047.
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Prepare the bank reconciliation for Pyle Garage at the end of
March.
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How the adjustments described above affect the cash account.
Part A
Prepare the bank reconciliation for Pyle Garage at the end of March.
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How the adjustments described above affect the cash account. (Select "Not affected" if there is no affect on the "Cash account".)
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