The Cash account of Safe and Secure Security Systems reported a balance of $ 2 comma 420 at December 31 , 2018. There were outstanding checks totaling $ 1 comma 000 and a December 31 deposit in transit of $ 400. The bank statement, which came from Park Cities Bank, listed the December 31 balance of $ 3 comma 560. Included in the bank balance was a collection of $ 550 on account from Ryan Saar , a Safe and Secure customer who pays the bank directly. The bank statement also shows a $ 30 service charge and $ 20 of interest revenue that Safe and Secure earned on its bank balance. Prepare Safe and Secure 's bank reconciliation at December 31.
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