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The Cash account of Ranger Security Systems reported a balance of $2,410 at December 31,2024....

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Accounting

The Cash account of Ranger Security Systems reported a balance of $2,410 at December 31,2024. There were outstanding checks totaling $1,600 and a December 31 deposit in transit of $200. The bank statement, which came from Tri Cities Bank, listed the December 31 balance of $4,460. Included in the bank balance was a collection of $660 on account from Wayne Brown, a Ranger customer who pays the bank directly. The bank statement also shows a $20 service charge and $10 of interest revenue that Ranger earned on its bank balance. Prepare Ranger's bank reconciliation at December 31.
Ranger Security Systems
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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