i know its a few questions but please answer them all and i will thumbs up! Thank you so much you guys are life savers.
On March 31, 20X1. Home Decorating Pavilion received a bank statement showing a balance of $9.840. The balance in the firm's checkbook and Cash account on the same gate was $10745. The difference between the two balances is caused by the items listed below a A $3.260 deposit made on March 30 does not appear on the bank statement b. Check 358 for $560 issued on March 29 and Gheck 359 for $1.480 issued on March 30 have not yet been paid by the bank c. A credit memorandum shows that the bank has collected a $1,300 note receivable and interest of $130 for the firm d. A service charge of $40 appears on the bank statement e A debit memorandum shows an NSF check for $525. The check was issued by Dane Jaris, a credit customer) . The firm's records indicate that Check 341 of March was issued for $890 to pay the month's rent However, the canceled check and the listing on the bank statement show that the actual amount of the check was $880 9. The bank made an error by deducting a check for $560 issued by another business from the balance of Home Decorating Pavilion's account Required: 1. Prepare a bank reconciliation statement for the firm as of March 31, 20x1. 2. Record entries for any items on the bank reconciliation statement that must be journalized Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation statement for the firm as of March 31, 20X1. (Enter all amounts as positive values.) HOME DECORATING PAVILION Bank Reconciliation Statement March 31, 20X1 Balance on bank statement Additions Deductions for outstanding checks Total outstanding checks Adjusted bank balance Balance in books Additions Deductions Asted book balance Required 2 > SA credit memorandum shows that the bank has collected a $1,300 note receivable and interest of $130 for the fim d. A service charge of $40 appears on the bank statement e A debit memorandum shows an NSF check for $525 (The check was issued by Dane Jaris, a credit customer) The firm's records indicate that Check 341 of March 1 was issued for $890 to pay the month's rent. However, the and the listing on the bank statement show that the actual amount of the check was $880. g The bank made an error by deducting a check for $560 issued by another business from the balance of Home De account Required: 1. Prepare a bank reconciliation statement for the firm as of March 31, 20X1 2. Record entries for any items on the bank reconciliation statement that must be Journalized Complete this question by entering your answers in the tabs below. Required 1 Required 2 Record entries for any items on the bank reconciliation statement that must be journalized. View transaction list Journal entry worksheet 2 3 4 A credit memorandum shows that the bank has collected a $1,300 note receivable and interest of $130 for the firm. Note: Enter debit before credits General Journal Debit Credit Mar 31 20X1 Record entry Clear entry View general journal The firm's records indicate that Check 341 of March 1 was issued for $890 to pay the month's rent. However, the canceled check and the listing on the bank statement show that the actual amount of the check was 5880. Note: Enter debits before credits. Date General Journal Debit Credit Mar 31, 20X1 Record entry Clear entry View general journal
