WAEC Accounting 2017 Objective — Question 3
Question 3 of 50 from the West African Examinations Council (WAEC) Accounting 2017 Objective paper, with the correct answer and a full explanation.
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3. A document sent by a bank to its current account customers detailing their transactions over a given period is a
- A. A. bank reconciliation statement
- B. B. bank statementCorrect
- C. C. credit transfer
- D. D. banker's advice
Explanation
Bank statement is a periodic statement sent by banks to current account holders to show the transactions of the customers account with the bank.
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