English, asked by devendrayadavd881, 4 months ago

फ्री हिस्ट्री एंड एंड हिस्ट्री बैलेंस बैन​

Answers

Answered by sujanshetty0287
1

Answer:

An account history is a recording of all the activity that takes place within an account, usually since inception. In a bank account, the account history includes all transactions initiated by the account holder, which would include all credits and debits, as well as passive entries, such as interest on balances, which are credited to the account. The account history is also called a "ledger," depending on where the account is held.

Explanation:

As an account history shows the complete movement of cash in and out of an account, it is an important tool in many ways. Primarily, it helps keep track of where money is being spent as well as where money is coming in from. An analysis of an individual's account history allows them to reconcile inflows and outflows and balance their account.

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