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  2. Bank statement - Wikipedia

    en.wikipedia.org/wiki/Bank_statement

    Example of a checking account statement for a fictional bank. A bank statement is an official summary of financial transactions occurring within a given period for each bank account held by a person or business with a financial institution. Such statements are prepared by the financial institution, are numbered and indicate the period covered ...

  3. What is a bank reconciliation statement? - AOL

    www.aol.com/finance/bank-reconciliation...

    A bank reconciliation statement is a document prepared by a company that shows its recorded bank account balance matches the balance the bank lists. This statement includes all transactions, such ...

  4. Bank account - Wikipedia

    en.wikipedia.org/wiki/Bank_account

    A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit accounts ...

  5. Debits and credits - Wikipedia

    en.wikipedia.org/wiki/Debits_and_credits

    This is because most people typically only see their personal bank accounts and billing statements (e.g., from a utility). A depositor's bank account is actually a Liability to the bank, because the bank legally owes the money to the depositor. Thus, when the customer makes a deposit, the bank credits the account (increases the bank's liability).

  6. How Long Should You Keep Your Bank Statements? - AOL

    www.aol.com/long-keep-bank-statements-120001812.html

    Bank and Credit Card Statements. Keep statements for all of your bank accounts and credit cards for at least one year. If you go paperless, you should be able to access these records from the bank ...

  7. Bank statement loan: What is it and who should get one? - AOL

    www.aol.com/finance/bank-statement-loan-one...

    Bank statement loan example Let’s assume you’re self-employed, have a credit score of 740 and want to purchase a home. Your income fluctuates month to month, averaging out to $6,875.

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