A bank statementa. 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 activities that increased or decreased the depositor's account balance

Question

Business

Kaden Villarreal

26 September, 15:39

A bank statementa. 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 activities that increased or decreased the depositor's account balance

+4

Answers (1)

Know the Answer?

Gael Flowers · Answer 1

d. shows the activities that increased or decreased the depositor's account balance

Explanation:

Bank statement: The bank statement is that statement which shows a balance in your bank account. It shows two amount one is deposited amount, and the other is withdrawn amount.

The motive of the bank statement is to check how much the bank balance is decreased or increased by analyzing the deposited amount and the withdrawn amount. It is issued by the bank

Hence, the correct option is d.