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The Cash account of Safety Security Systems reported a balance of $2,450 at December 31, 2018. There were outstanding checks totaling $300 and a December
The Cash account of Safety Security Systems reported a balance of $2,450 at December 31, 2018. There were outstanding checks totaling $300 and a December 31 deposit in transit of $200. The bank statement, which came from Park Cities Bank, listed the December 31 balance of $3,200. Included in the bank balance was a collection of $660 on account from Wayne Brown, a Safety customer who pays the bank directly. The bank statement also shows a $30 service charge and $20 of interest revenue that Safety earned on its bank balance. Prepare Safety's bank reconciliation at December 31. Bank Reconciliation December 31, 2018 Bank: Balance, December 31, 2018 ADD: LESS Adjusted bank balance, December 31, 2018 Book: Balance, December 31, 2018 ADD: LESS Adjusted book balance, December 31, 2018 Choose from any list or enter any number in the input fields and then continue to the next
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