Which one of the following documents is retained by the customer as proof of a deposit transaction?
A)a deposit receipt
B)a cancelled check
C)a bank reconciliation
D)a signature card

Question

Quizplus · Accepted Answer

A deposit receipt is issued to the customer at the time of the deposit transaction as proof of the deposit. The customer can retain this document and use it as proof in case of any discrepancies or disputes. Cancelled checks, bank reconciliations, and signature cards are not proof of a deposit transaction.

Which One of the Following Documents Is Retained by the Customer