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The Cash account of Salety Security, Systems reponted a balance of $2,480 at December 31, 2024. There wefe outstanding checks totaling $1,300 and a Docember
The Cash account of Salety Security, Systems reponted a balance of $2,480 at December 31, 2024. There wefe outstanding checks totaling $1,300 and a Docember 31 depost in transit of $100. The buik statement, which came trom Pork Cties Bank, lated the December 31 batance of $4.330. Inctuded in the bank balance was a collection of $650 on account from Nicole Lee, a Safety customer who pays the bark directly. The bank statement also shows a $20 service charge and $10 of interest revenue shat Safety eamed on its bank balance. Prepare Safetya bank reconcilabicn 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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