bank statement is a document explaining the reasons for the difference between a depositor's cash records and the depositor's cash balance in its bank account.

Name: bank statement is a document explaining the reasons for the difference between a depositor's cash records and the depositor's cash balance in its bank account.
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Question

Quizplus · Accepted Answer

A bank statement is a summary of financial transactions that occurred at a bank over a period of time, not a document explaining differences between records.

Bank Statement Is a Document Explaining the Reasons for the Difference