Question 33
BankingA bank statement is a document
- A.ordering a bank to pay on demand a stated sum of money
- B.containing records of receipts, payments and balance on an account
- C.used for paying money into a bank account
- D.used for regular withdrawal of money from a savings account.
Show the answer and explanation
Answer: B (containing records of receipts, payments and balance on an account)
Explanation
A bank statement lists the deposits, withdrawals and balance on a customer's account. A is a cheque and C is a pay-in slip.