A bank statement includes
A) A list of outstanding cheques
B) A list of petty cash amounts
C) The beginning and ending balance of the depositor's chequing account
D) A list of outstanding cheques and a list of petty cash amounts
E) All of the above

Question

Quizplus · Accepted Answer

A bank statement typically includes the beginning and ending balance of the depositor's chequing account, as well as a list of transactions that have occurred during the statement period. While some bank statements may include a list of outstanding cheques or petty cash amounts, these are not always standard components of a bank statement. Therefore, the most reliable choice is C as it includes the basic requirement of the balance details.

A Bank Statement Includes