A bank statement includes:
A) A list of outstanding checks.
B) A list of petty cash amounts.
C) The beginning and the ending balance of the depositor's account.
D) A listing of deposits in transit.
E) All of these.

Question

Quizplus · Accepted Answer

A bank statement typically includes the beginning and ending balance of the depositor's account, but does not usually list outstanding checks, petty cash amounts, or deposits in transit; those are tracked by the depositor for reconciliation purposes.

A Bank Statement Includes