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

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 cleared during the statement period. It does not typically include a list of petty cash amounts or outstanding cheques, although the depositor may be able to request this information separately from the bank.

A Bank Statement Includes