A business bank statement is a summary of all of your business transactions for a specified statement period. It includes an account summary and information about your bank, business, and bank account. A business bank statement includes an account summary, also known as a transaction history, which includes the following:
○ your beginning balance
○ your ending balance
○ every withdrawal
○ every deposit
○ total withdrawals
○ total deposits
Business bank statements list transactions individually and in chronological order, allowing you to see a breakdown of the income and spending of your business.
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