A bank statement:

1. lets a depositor know the financial position of the bank as of a certain date.

2. is a credit reference letter written by the depositor's bank.

3. is a bill from the bank for services rendered.

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

Question

Business

Larry Medina

23 August, 23:07

A bank statement:

1. lets a depositor know the financial position of the bank as of a certain date.

2. is a credit reference letter written by the depositor's bank.

3. is a bill from the bank for services rendered.

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

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Answers (1)

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Justin Mooney · Answer 1

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

Explanation:

A bank statement is a document that the bank sends to its customers in which there is a record of all the transactions that have been made in the account with the specific amounts deposited or withdrawn in a specific period of time. According to this, the answer is that a bank statement shows the activities that increased or decreased the depositor's account balance.

A bank statement:1. lets a depositor know the financial position of the bank as of a certain date.2. is a credit reference letter written by the depositor's bank.3. is a bill from the bank for services rendered.4. shows the activities that increased or decreased the depositor's account balance.