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 rendered.
D)shows the activities that increased or decreased the depositor's account balance.

Question

Quizplus · Accepted Answer

A bank statement provides a summary of all transactions that have occurred in a depositor's account over a specific period, showing how the account balance has increased or decreased.

A Bank Statement