There are two differences between the bank statement and the check register. Describe each of them. (2-4 sentences.)

Question

Business

Paddy

30 April, 21:08

There are two differences between the bank statement and the check register. Describe each of them. (2-4 sentences.)

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Answers (1)

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Chana Simon · Answer 1

Answer: The difference is in the deposit and the bank statement.

Explanation:

There are two essential differences between a check register and a bank statement. The check register usually does not record deposits and differs from bank statement by segment. Also, a particular company keeps a check register, while the bank statement is a document that the bank has sent to it. A bank statement is a document that is sent periodically (usually at the end of the month) to the account holder about account changes. A bank statement can also be obtained every day in writing on paper. On the other hand, a check is security by which its issuer orders another person to pay a certain amount of money to the check holder from its coverage.