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General bank statements are periodic meaning actions or activity in a specific time period usually 25 -30 days. It will express the beginning total balance at the start of the period and the ending total balance at the end of the statement period. It will also reflect deposits (income placement activity), withdraws (income spending or removal) and finally interest activity earnings. These activities will be recorded via time date stamps and may include sources of these activities such as source of deposit by employer or source of payments via checks. Pending the type of bank and or bank accounts some will garner more reporting activity. It's basically a report of money flow activity.

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12y ago

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