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The Banking screen provides the following information except: Bank Account Transactions Bank Balance Bank and Credit Card Accounts Sales Transactions

User Vasil
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Final answer:

The Banking screen provides information about Bank Account Transactions, Bank Balance, and Sales Transactions.

Step-by-step explanation:

The Banking screen provides the following information except: Bank and Credit Card Accounts

User AndrewJames
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Final answer:

The Banking screen usually does not provide Sales Transactions, which are part of the company's sales records. Instead, it includes Bank Account Transactions, Bank Balance, and Bank and Credit Card Accounts. Banks act as intermediaries in the financial market, managing assets and liabilities through their balance sheets.

Step-by-step explanation:

The information a Banking screen typically provides includes details such as Bank Account Transactions, the Bank Balance, and details of Bank and Credit Card Accounts. However, it usually does not include Sales Transactions, which are related to the business side of operations and are part of the company's sales records, not the bank's.

Banks play an integral role as financial intermediaries by facilitating transactions in the economy, allowing individuals and firms to use bank accounts for buying and selling goods and services, paying workers or receiving payments, saving money, or getting loans. They operate in financial capital markets between savers, who supply financial capital, and borrowers, who demand loans. A bank's balance sheet is an important accounting tool that lists assets in one column and liabilities in another. The net worth of a bank is calculated by subtracting liabilities from assets.

The assets of a bank include loans made to customers, bonds it owns, and reserves which are not loaned out. In contrast, liabilities consist primarily of the deposits made by customers. Banks ensure the availability of funds and are involved in the management of money through instruments such as savings deposits, which can be accessed via ATMs or bank tellers.

User MystyxMac
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