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The Cash account of Safety First Security Systems reported a balance of $2,520 at December 31, 2024. There were outstanding checks totaling $500 and
The Cash account of Safety First Security Systems reported a balance of $2,520 at December 31, 2024. There were outstanding checks totaling $500 and a December 31 deposit in transit of $300. The bank statement, which came from Park Cities Bank, listed the December 31 balance of $3,280. Included in the bank balance was a collection of $570 on account from Wayne Brown, a Safety First customer who pays the bank directly. The bank statement also shows a $20 service charge and $10 of interest revenue that Safety First eamed on its bank balance. Prepare Safety First's bank reconciliation at December 31
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