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Please please please helppp the cash account of ranger security system reported a balance of $2420 at December 13, 2014. There were outstanding checks totaling
Please please please helppp
the cash account of ranger security system reported a balance of $2420 at December 13, 2014. There were outstanding checks totaling $1100 and a December 31 deposit in transit of $200. The bank statement which came from Park Cities Bank, listed the December 31 balance of $3980. Included in the bank balance was a collection of $670 on account from Sally Jones, a Ranger customer who pays the bank directly. The bank statement also shows a $30 service charge and $20 of interest revenue that Ranger earned on its bank balance. Prepare Ranger's bank reconciliation at December 31.Step by Step Solution
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