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The Cash account of First on Alert Security Systems reported a balance of $2,530 at December 31, 2024. There were outstanding checks totaling $700

The Cash account of First on Alert Security Systems reported a balance of $2,530 at December 31, 2024. There were outstanding checks totaling $700 and a December 31 deposit in transit of $100. The bank statement, which came from Tri Cities Bank, listed the December 31 balance of $3,770. Included in the bank balance was a collection of $650 on account from Jane Lindsey, a First on Alert customer who pays the bank directly. The bank statement also shows a $30 service charge and $20 of interest revenue that First on Alert earned on its bank balance. Prepare First on Alert's bank reconciliation at December 31. Bank Reconciliation December 31, 2024 Bank: Balance, December 31, 2024 ADD: LESS: Adjusted bank balance, December 31, 2024 Book: Balance, December 31, 2024 ADD: LESS: Adjusted book balance, December 31, 2024

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