The bank statement can be helpful in conveying the relevant information to the legal team for audit purpose. The bank statement records all the transactions done through cash or credits transfers. The bank statement is essential for getting all the details and information on the banking transactions for a specific time period. The bank statement helps to list out all the information on fund transfers.It can be used for future references and audit purposes.The bank reconciliation statement contains the reasons for all the difference in the bank statement and bank ledgers of the business unit.The bank statement conveys all the relevant information of all the queries and differences in the bank’s balances.It will be helpful in keeping the proper record of the bank transactions and all the incomes records.It provides all the essential bank transactions details. Size: 37 KB Download Uses and purpose of Sample Bank Statement
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