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On March 31, 2019, Home Decorating Pavilion received a bank statement showing a balance of $9,660. The balance in the firms
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HOME DECORATING PAVILION
Bank Reconciliation
March 31, 2019
Balance on bank statement $       9,660
Additions:
Deposit in transit $     2,785
Bank error in recording of check   $        515
$       3,300
$     12,960
Deductions for outstanding checks:
#358 $        440
#359 $     1,560
$       2,000
Adjusted bank balance $     10,960
Balance in books $       9,756
Additions:
Error in recording of check 341 $          50
Note collected by bank $     1,650
$       1,700
$     11,456
Deductions:
Service charges $          16
NSF Check $        480
$          496
Adjusted balance $     10,960
Date Account title Debit Credit
March 31, 2019 Cash $       1,650
Note receivable $     1,500
Interest revenue $        150
March 31, 2019 Cash $            50
Rent expenses $          50
March 31, 2019 Bank service charges/Misc. expense $            16
Cash $          16
March 31, 2019 Accounts receivable $          480
Cash $        480
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