the document that is generally mailed monthly and contains the details of all sales, cash receipts, and credit memorandum transactions processed through a customer's account is called a(n) custome

A bank statement is an official summary of all financial transactions made for each bank account that a person or business has with a financial institution within a specific time period.
These statements, which are created by the financial institution, are numbered and reflect the time period they cover.
They may also include other information pertinent to the type of account, such as the amount due by a specific date.
The day following the conclusion of the previous statement period is typically the start date of the new statement period.
The consumer frequently uses bank statements to track cash flow, look for potential fraud, and execute bank reconciliations.
In the past, they have been printed on one or more sheets of paper and sent to the account holder by mail or maintained at the local branch of the financial institution for pick-up.
In order to speed up the reconciliation process, there has been a move in recent years toward paperless electronic statements.
In addition, many financial institutions now provide direct downloads of financial information into the accounting software of account holders.
Important bank statements must typically be kept for a period of time determined by the appropriate tax authorities for audit and tax purposes.

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tutorconsortium127 tutorconsortium127 · Answer 2 · 2022-11-15T06:49:17+01:00

A Customer Statement is,

A customer receives this document by mail every month, on average.
It includes information on all sales, cash receipts, and credit memo transactions that were made during the specified time period using the customer's account.

A bank statement is an official summary of all financial transactions made for each bank account that a person or business has with a financial institution within a specific time period.
These statements, which are created by the financial institution, are numbered and reflect the time period they cover.
They may also include other information pertinent to the type of account, such as the amount due by a specific date.
The day following the conclusion of the previous statement period is typically the start date of the new statement period.
The consumer frequently uses bank statements to track cash flow, look for potential fraud, and execute bank reconciliations.
In the past, they have been printed on one or more sheets of paper and sent to the account holder by mail or maintained at the local branch of the financial institution for pick-up.
In order to speed up the reconciliation process, there has been a move in recent years toward paperless electronic statements.
In addition, many financial institutions now provide direct downloads of financial information into the accounting software of account holders.
Important bank statements must typically be kept for a period of time determined by the appropriate tax authorities for audit and tax purposes.

To learn more about bank statements, refer to

brainly.com/question/28758315

#SPJ4