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A bank statement is a document

A bank statement is a document
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Ordering a bank to pay on demand a stated sum of money
  • B Containing records of receipts, payments and balance on an account
  • C Used for paying into bank account
  • D Used for regular withdrawal of money from a savings account
Correct Answer: Option B
Explanation:
A bank statement is a record provided by a bank showing the transactions carried out on an account during a specified period. It normally contains details of receipts or credits, payments or debits and the balance remaining in the account.

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