On March 31, 2016, Home Decorating Pavilion received a bank statement containing a balance of $9,690. The balance in the firm's checkbook and Cash account on the same date was $10,134. The difference between the two balances is caused by the items listed below.

a.	A $2,815 deposit made on March 30 does not appear on the bank statement.
b.	Check 358 for $455 issued on March 29 and Check 359 for $1,590 issued on March 30 have not yet been paid by the bank.
c.	A credit memorandum shows that the bank has collected a $1,200 note receivable and interest of $120 for the firm.
d.	A service charge of $19 appears on the bank statement.
e.	A debit memorandum shows an NSF check for $495. (The check was issued by Dane Smithey, a credit customer.)
f.	The firm's records indicate that Check 341 of March 1 was issued for $800 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 $750.
g.	The bank made an error by deducting a check for $530 issued by another business from the balance of Home Decorating Pavilions account.

1.	Prepare a bank reconciliation statement for the firm as of March 31, 2016.

HOME DECORATING PAVILION
Bank Reconciliation Statement
March 31, 2016
Balance on bank statement		$9,690
Additions:
Deposit of March 30 in transit	$2,815
Note receivable and interest collected by bank	1,320
NSF check	530	4,665
		$14,355
Deductions for outstanding checks:
Deposit of March 30 in transit	$(2,045)
Correction of error recording check 341	(50)
Check incorrectly charged to account	(495)
Total outstanding checks		(2,590)
Adjusted bank balance		$11,765
Balance in books
Additions:
Deductions:
Adjusted book balance