question archive A bank statement is a credit reference letter written by the company's bank
A bank statement is a credit reference letter written by the company's bank
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A bank statement
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- is a credit reference letter written by the company's bank.
- lets a company know the financial position of the bank as of a certain date.
- is a bill from the bank for services rendered.
- shows the activity that increased or decreased the company's account balance.
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Answer:
D .
Step-by-Step explanation
A bank statement is sent by the bank once in a month which shows the activity in the account. It includes summary of changes, that is, any increase and decrease, in the account.
