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d CE The Cash account of Queen City Security Systems reported a balance of $2,420 at December 31, 2024. There were outstanding checks totaling $1,600
d CE The Cash account of Queen City Security Systems reported a balance of $2,420 at December 31, 2024. There were outstanding checks totaling $1,600 and a December 31 deposit in transit of $400. The bank statement, which came from Tri Cities Bank, listed the December 31 balance of $4,270. Included in the bank balance was a collection of $660 on account from Wayne Brown, a Queen City customer who pays the bank directly. The bank statement also shows a $30 service charge and $20 of interest revenue that Queen City earned on its bank balance. Prepare Queen City's bank reconciliation at December 31. Queen City Security Systems Bank Reconciliation December 31, 2024 Bank: Balance, December 31, 2024 ADD: LESS: Adjusted bank balance, December 31, 2024 Book: Balance, December 31, 2024, ADD
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