On March 31, 2019, Home Decorating Pavilion received a bank statement showing a balance of $9,790. The balance in the firm's checkbook and Cash account on the same date was $9,964. The difference between the two balances is caused by the items listed below.

1. A $2,915 deposit made on March 30 does not appear on the bank statement.
2. Check 358 for $505 issued on March 29 and Check 359 for $1,690 issued on March 30 have not yet been paid by the bank.
3. A credit memorandum shows that the bank has collected a $1,500 note receivable and interest of $150 for the firm.
4. A service charge of $29 appears on the bank statement.
5. A debit memorandum shows an NSF check for $545. (The check was issued by Dane Jaris, a credit customer.)
6. 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.
7. The bank made an error by deducting a check for $580 issued by another business from the balance of Home Decorating Pavilion's account.

1. Required:Prepare a bank reconciliation statement for the firm as of March 31, 2019.
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, 2019. (Enter all amounts as positive values.)
• HOME DECORATING PAVILIONBank Reconciliation StatementMarch 31, 2019Balance on bank statement
• Additions:
• Deductions for outstanding checks:
• Total outstanding checks
• Adjusted bank balance
• Balance in books
• Additions:
• Deductions:
• Adjusted book balance