A business bank statement includes a summary of all transactions made with your business account.
Each statement covers a set amount of time, known as a statement period. A statement period is typically one month.
Advantages of a business bank statement:
○ helps you keep track of your income and expenses
○ helps you spot any irregularities in your account, such as fraudulent activity or identity theft
○ provides a snapshot of your company’s financial health, including information on deposits, withdrawals, and balances, which helps lenders assess lending risks
Completely editable firm bank statement fake template.
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