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XYZ Company's bank statement for December 31, 2024, shows a balance of $30,000. The cash book shows a balance of $28,500. The bank statement includes
XYZ Company's bank statement for December 31, 2024, shows a balance of $30,000. The cash book shows a balance of $28,500. The bank statement includes unpresented checks totaling $2,000 and outstanding deposits totaling $4,500. Prepare a bank reconciliation statement and calculate the adjusted balance.
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