Question: Example 1 . 0 0 : Given the following information, prepare a bank reconciliation statement for XYZ Company as of December 3 1 , 2

Example 1.00: Given the following information, prepare a bank reconciliation statement for XYZ Company as of December 31,2023.
Bank balance per statement: $12,500
Book balance per ledger: $10,800
Deposits in transit: $1,200
Outstanding checks: $2,000
Bank service charges: $50
Interest earned: $20

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