Question

A bank statement:
1. lets a depositor know the financial position of the bank as of a certain date.
2. is a credit reference letter written by the depositor's bank.
3. is a bill from the bank for services rendered.
4. shows the activities that increased or decreased the depositor's account balance.

Answer 1

Answer:

4. shows the activities that increased or decreased the depositor's account balance.

Explanation:

A bank statement is a document that the bank sends to its customers in which there is a record of all the transactions that have been made in the account with the specific amounts deposited or withdrawn in a specific period of time. According to this, the answer is that a bank statement shows the activities that increased or decreased the depositor's account balance.