On a bank statement, deposits are listed as debits because the bank increases its cash account when the deposit is made.

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Deposits are typically listed as credits on a bank statement, not debits. This is because a deposit represents an increase in the customer's balance, which is a liability for the bank. When the bank receives a deposit, it credits the customer's account balance and debits its own cash account to reflect the increase in funds.

On a Bank Statement, Deposits Are Listed as Debits Because