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The Cash account of Safety Security Systems reported a balance of $2,460 at December 31,2024 . There were outstanding checks totaling $400 and a December
The Cash account of Safety Security Systems reported a balance of $2,460 at December 31,2024 . There were outstanding checks totaling $400 and a December 31 deposit in transit of $200. The bank statement, which came from Tri Cities Bank, listed the December 31 balance of $3,240. Included in the bank balance was a collection of $590 on account from Ryan Saar, a Safety customer who pays the bank directly. The bank statement also shows a $20 service charge and $10 of interest revenue that Safety earned on its bank balance. Prepare Safety's bank reconciliation at December 31
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