Business, 23.07.2019 04:10 kevo2024

The cash account of safety security systems reported a balance of $ 2 comma 450 at december 31, 2018. there were outstanding checks totaling $ 1 comma 800 and a december 31 deposit in transit of $ 400. the bank statement, which came from park cities bank, listed the december 31 balance of $ 4 comma 370. included in the bank balance was a collection of $ 530 on account from wayne brown, a safety customer who pays the bank directly. the bank statement also shows a $ 30 service charge and $ 20 of interest revenue that safety earned on its bank balance. prepare safety's bank reconciliation at december 31.

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