Financial statements have a crucial role to play in the business world. They keep the information about the transaction safe, and for this reason, it is considered mandatory for every business to issue financial statements. Banks also use these statements that are kept as proof by their customers because banks themselves have a huge database to keep the records safe for so many years. There are so many documents a financial institute uses in a day. One of the most commonly and frequently used documents is a bank receipt. What…
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