Final answer:
The statement is false. A business bank account allows you to receive cash from your normal customers, not from other sources.
Step-by-step explanation:
The statement is false. A business bank account allows you to receive cash from your normal customers, not from other sources. A bank account provides a convenient way for businesses to store and manage their money, make and receive payments, and monitor their financial transactions. However, cash deposits into a business bank account typically come from customers who pay for goods or services in cash.
For example, a retail store may receive cash from customers who make purchases using cash instead of credit cards or checks. Similarly, a restaurant may receive cash from customers who pay for their meals in cash. These cash deposits from normal customers are recorded as income for the business and increase the balance in the bank account.
In summary, a business bank account allows you to receive cash from your normal customers, not from sources outside of your regular customer base.