Business, 04.07.2020 01:01, terrenevans4156

The Cash account of Gate City Security Systems reported a balance of 2400 at December 31, 2018. There were outstanding checks totaling 1300 and a December 31 deposit in transit of 400. The bank statement, which came from Tri Cities Bank, listed the December 31 balance of 3810. Included in the bank balance was a collection of 520 on account from Carol Lajoy, a Gate City customer who pays the bank directly. The bank statement also shows a 30 service charge and 20 of interest revenue that Gate City earned on its bank balance. Prepare Gate City's bank reconciliation at December 31.

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The Cash account of Gate City Security Systems reported a balance of 2400 at December 31, 2018. Ther...