asked 165k views
3 votes
The bank statement​ _________.A.does not include an ending balance of the​ customer's account because the bank cannot determine which checks have been cashed during the statement period.may show service​ charges, EFT collections from​ customers, and EFT withdrawals C.must include physical copies of canceled checks.must be mailed to customers each month

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User Siempay
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1 Answer

3 votes

Answer:

The correct answer is letter "B": may show service​ charges, EFT collections from​ customers, and EFT withdrawals.

Step-by-step explanation:

A bank statement displays the transactions of account holders over a period that tends to be one (1) month. The report represents the actual balance in the consumer accounts, including charges, collections of Electronic Funds Transfers (EFT) and withdrawals, as well as payments describing inflows. Bank statements are useful for clients so that they can monitor the expenses of their accounts.

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User PAStheLoD
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