Business
Business, 18.10.2019 19:00, 24chrim

The cash account of queen city security systems reported a balance of $ 2 comma 550 at december 31, 2018. there were outstanding checks totaling $ 1 comma 500 and a december 31 deposit in transit of $ 300. the bank statement, which came from tri cities bank, listed the december 31 balance of $ 4 comma 410. included in the bank balance was a collection of $ 670 on account from roger adams, a queen city customer who pays the bank directly. the bank statement also shows a $ 20 service charge and $ 10 of interest revenue that queen city earned on its bank balance. prepare queen city's bank reconciliation at december 31.

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