Using the following information, prepare a bank reconciliation. Bank balance: $4,021 Book balance: $2,928

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Using the following information, prepare a bank reconciliation.
• Bank balance: $4,021
• Book balance: $2,928
• Deposits in transit: $1,111
• Outstanding checks: $679
• Bank charges: $35
• Notes receivable: $1,325; interest: $235

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