A bank statement
A) lets a depositor know the financial position of the bank as of a certain date.
B) is a credit reference letter written by the depositor's bank.
C) is a bill from the bank for services rendered.
D) shows the activity which increased or decreased the depositor's account balance.

Question

Quizplus · Accepted Answer

A bank statement shows the transactions that have occurred in a depositor's account during a specific period, which affects the account balance. Therefore, option D is the correct choice as it shows the activity that increased or decreased the depositor's account balance.

A Bank Statement