Canceled checks are a way to confirm what the bank has paid and deducted from the customer's account during the period.

Name: Canceled checks are a way to confirm what the bank has paid and deducted from the customer's account during the period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Canceled checks serve as physical proof of transactions made by a customer from their bank account, allowing them to verify that the bank has accurately deducted payments or deposits from their account.

Canceled Checks Are a Way to Confirm What the Bank