Which information is often NOT included in a bank statement?
ANSWER - the account owner’s Social Security number
What are the most common transactions that appear on a bank statement?
ANSWER - A and C (deposits and transfers)
What is an income statement?
ANSWER - a statement that compares revenues to expenses and presents the net income (or loss) from a period of time
Which is the BEST description of a balance sheet?
ANSWER - a statement that balances assets to liabilities and equity
Which option is a long-term financial goal?
ANSWER - saving for retirement
Which information is often not included in a bank statement?(1 point)
Responses
the bank’s contact information
the start date and end date
the starting balance
the account owner’s Social Security number
2 answers
Jojo Fan is Correct 10/25/2023
1 answer