Question

Give one word or term or phrase which can substitute each of the following statement.
Booklet or a statement which is used to record the banking transactions.

Answer 1

Passbook or Bank statement. A Bank Pass Book is a statement that shows the transactions that occur in a customer's account. The bank passbook shows all the additions and deductions that take place in the customer's account. The bank maintains customer's account which are further copied/transferred to the Bank Pass Book. Pass Book is maintained so that the customer can refer the transactions that have occurred over a period of time.