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Business

Business(Bank accounts)

QuestionAnswer
What is a personal bank account? A bank customer's own records of lodging money to their bank and withdrawing money from their bank
What is a bank statement? A copy of the bank's records sent by the bank to a current account holder detailing all the lodgements to and payments out of the current account(including interest and fees)
What is a bank reconciliation statement? A statement prepared to find out why the bank balance in the customer's own records differs from that prepared by the bank
Created by: Chimozukee
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