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2. Bank statement - Wikipedia

   en.wikipedia.org/wiki/Bank_statement

   Example of a checking account statement for a fictional bank. A bank statement is an official summary of financial transactions occurring within a given period for each bank account held by a person or business with a financial institution. Such statements are prepared by the financial institution, are numbered and indicate the period covered ...

3. Transaction account - Wikipedia

   en.wikipedia.org/wiki/Transaction_account

   A transaction account (also called a checking account, cheque account, chequing account, current account, demand deposit account, or share account at credit unions) is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate ...

4. List of business and finance abbreviations - Wikipedia

   en.wikipedia.org/wiki/List_of_business_and...

   For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).

5. What is a checking account? - AOL

   www.aol.com/finance/checking-account-174644492.html

   A checking account is a bank account that’s designed to be the hub of ... Review the latest statement from your old bank to ensure you haven’t missed transferring any automated payments from ...

6. Bank statement loan: What is it and who should get one? - AOL

   www.aol.com/finance/bank-statement-loan-one...

   A bank statement loan allows you to qualify for a mortgage using bank statements rather than tax returns. It’s most often used by self-employed borrowers. Not all mortgage lenders offer bank ...

7. Money market account vs. checking account: What’s the ... - AOL

   www.aol.com/finance/money-market-account-vs...

   A checking account, on the other hand, is a type of bank account designed for regular transactions. This is the account you would typically use for daily expenses, paying bills and receiving your ...

8. Debits and credits - Wikipedia

   en.wikipedia.org/wiki/Debits_and_credits

   A decrease to the bank's liability account is a debit. From the bank's point of view, when a credit card is used to pay a merchant, the payment causes an increase in the amount of money the bank is owed by the cardholder. From the bank's point of view, your credit card account is the bank's asset. An increase to the bank's asset account is a debit.

9. Deposit account - Wikipedia

   en.wikipedia.org/wiki/Deposit_account

   For example, if a bank in the United States makes a loan to a customer by depositing the loan proceeds in that customer's checking account, the bank typically records this event by debiting an asset account on the bank's books (called loans receivable or some similar name) and credits the deposit liability or checking account of the customer on ...