Difference between revisions of "Bank statement"

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[[Bank statement]] is a financial report sent by a bank to a customer indicating the previous balance, ATM transactions, [[nonsufficient fund]]s, individual checks processed, individual deposits received, service charges, and ending bank balance.
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[[Bank statement]] is a report which the bank produces listing in date order all the money received and all the money paid out of the bank account, ending with the balance of cash in the account.  
  
  
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*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]].
 
*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]].
  
==Related coursework==
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==Related lectures==
*[[Principles of Accounting]].  
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*[[Bookkeeping Quarter]].  
  
[[Category: Accounting]][[Category: Articles]]
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[[Category: Septem Artes Administrativi]][[Category: Articles]]

Latest revision as of 15:37, 12 July 2020

Bank statement is a report which the bank produces listing in date order all the money received and all the money paid out of the bank account, ending with the balance of cash in the account.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Bank statement. A financial report sent by a bank to a customer indicating the previous balance, ATM transactions, nonsufficient funds, individual checks processed, individual deposits received, service charges, and ending bank balance.

Related concepts

Related lectures