On March 31,2016,Home Decorating Pavilion received a bank statement with an ending balance of $9,750.The balance in the firm's checkbook and Cash account on the same date was $10,290.The difference between the two balances is caused by the items listed below. Instructions:
1.Prepare a bank reconciliation statement for the firm as of March 31,2016.
2.Record entries for any items on the bank reconciliation statement that must be journalized.Date the entries March 31,2016.Use page 4 of a general journal.

Question

On March 31,2016,Home Decorating Pavilion received a bank statement with an ending balance of $9,750.The balance in the firm's checkbook and Cash account on the same date was $10,290.The difference between the two balances is caused by the items listed below.  Instructions:
1.Prepare a bank reconciliation statement for the firm as of March 31,2016.
2.Record entries for any items on the bank reconciliation statement that must be journalized.Date the entries March 31,2016.Use page 4 of a general journal.

Quizplus · Accepted Answer

The Answer of On March 31,2016,Home Decorating Pavilion received a bank statement with an ending balance of $9,750.The balance in the firm's checkbook and Cash account on the same date was $10,290.The difference between the two balances is caused by the items listed below.  Instructions:
1.Prepare a bank reconciliation statement for the firm as of March 31,2016.
2.Record entries for any items on the bank reconciliation statement that must be journalized.Date the entries March 31,2016.Use page 4 of a general journal.

On March 31,2016,Home Decorating Pavilion Received a Bank Statement with an Ending