A bank statement
A)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 provided.
D)shows the activity that increased or decreased the depositor's account balance.

Question

Quizplus · Accepted Answer

A bank statement shows all the transactions that have occurred in a depositor's account over a specific period, including deposits, withdrawals, fees, and interest earned, which affect the account balance.

A Bank Statement