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to show you any events that happened with your money (deposits, withdrawls, fees, interest earned) and to show you how much money you have in your bank account

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17y ago

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Related Questions

What is bank reconciliation statement?

Bank Reconciliation Statement


Is the Bank Reconciliation statement a part of financial statement?

Bank reconciliation statement is not part of financial statement it is the helping statement to tally bank account with balance in banks statement.


What does FPO on a bank statement mean?

FPO on a bank statement stands for "For Payment Only." It indicates that the amount listed is intended for a specific payment, often associated with checks or electronic transfers. This designation helps to clarify the purpose of the transaction and ensures proper processing by the bank.


Is cash in bank reported in cash flow statement?

The balance of a bank loan is a liability item on a balance sheet (or net worth statement). The principal and interest payments used to repay the bank loan are cash outflows (debt expenses) on a cash flow statement.


Who prepares the bank statement?

bank prepares a bank statement ..one copy of bank statement is with us called cash book and other is with bank called pass book


Who prepares bank statement?

bank prepares a bank statement ..one copy of bank statement is with us called cash book and other is with bank called pass book


Where can one check their bank statement?

A bank statement can be checked in many ways. The three most common are a paper statement either mailed by the bank to the account owner or obtained a the bank, a statement viewed or printed at an ATM, or a statement viewed or printed on the bank's website.


What does GA on a bank statement mean?

what does ga mean on bank statement


How can I find my bank statement?

You can find your bank statement by logging into your online banking account, visiting your bank's website, or contacting your bank directly to request a copy of your statement.


How is bank overdraft treated in the cash flow statement?

Prime purpose of preparing cash flow statement is to tally the closing bank balance with opening bank balance so if there is a bank overdraft or negative bank balance it will automatically adjusted when complete cash flow statement is prepared. If after the preparation of cash flow, cash flow balance and bank balance don't tally it means there is some mistake in cash flow statment and it should be reviewed for any correcions.


What does 'ITL' mean on a bank statement?

ITL on a bank statement means International.


What is the meaning of Atw in Bank Statement?

is the meaning of atw in hdfc bank statement