Example $1\mathrm{.}00$: 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$