Question

Q.21 Bank statement is issued
by: *
Bank
Auditor

Debtors

None of above​

Answer 1

Answer:

The bank statement is usually issued by a bank on a monthly basis. It's also common practice for a business to have a bank statement compiled to coincide with their accounting period end. Bank statements are typically sent out in the post or accessed online (paperless statements).

Explanation:

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Answer 2

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❥︎ Bank statement is used by:

• Bank
• Auditor
• Debtors
• None of the above

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❥︎ A bank statement is also referred to as an account statement. It shows if the bank is accountable with an account holder's money. Bank statements are a great tool to help account holders keep track of their money. Bank statements are commonly used by the customer to monitor cash flow, check for possible fraudulent transactions and perform bank reconciliations.

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