A bank statement summarizes financial transactions that occurred on a bank account over a given period. It shows deposits, withdrawals, fees, interest earned, and the current balance. The statement is issued by a bank to account holders so they can track activity and reconcile their records.
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Account Statement
A bank statement summarizes financial transactions that occurred on a bank account over a given period. It shows deposits, withdrawals, fees, interest earned, and the current balance. The statement is issued by a bank to account holders so they can track activity and reconcile their records.