HomeworK. Chapterl Score: 0 of 5 pts S7-9 (book/static) Save 2 of 5 (2 complete) HW Score: 40%, 10 of 25 pts Question Help The Cash account of Guard Dog Security Systems reported a balance of $2,540 at December 31, 2018. There were outstanding checks totaling $400 and a December 31 deposit in transit of $100. The bank statement, which came from Park Cities Bank, listed the December 31 balance of $3,340. Included in the bank balance was a collection of $510 on account from Brendan Ballou, a Guard Dog customer who pays the bank directly. The bank statement also shows a $30 service charge and $20 of interest revenue that Guard Dog earned on its bank balance. Prepare Guard Dog's bank reconciliation at December 31 Bank Reconciliation December 31, 2018 Bank: Balance, December 31, 2018 ADD: Deposit in transit 3340 100 3440 -400 3040 LESS: Outstanding checks Adjusted bank balance, December 31, 2018 Book: Balance, December 31, 2018 ADD 2540 510 20 30 3040 Bank collection LESS: Service charge Adjusted book balance, December 31, 2018