Which one of the following prepares and issues the bank statement?
Understand the Problem
The question is asking which entity is responsible for preparing and issuing a bank statement among the given options.
Answer
The bank of the business.
The bank of the business prepares and issues the bank statement.
Answer for screen readers
The bank of the business prepares and issues the bank statement.
More Information
A bank statement is a document prepared and issued by a bank that details the transactions and balances of an account.
Tips
Confusing a bank statement with a bank reconciliation statement, which is prepared by the business' accountant.
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