What is another word for statement of account?
Pronunciation: [stˈe͡ɪtmənt ɒv ɐkˈa͡ʊnt] (IPA) 
A statement of account is a vital document that provides a summary of all financial transactions made by an organization or an individual. Synonyms for statement of account include account statement, balance sheet, financial statement, profit and loss account, income statement, financial report, account summary, and ledger. These terms have the same meaning but may be used differently depending on the context. Account statement may refer to a monthly or quarterly summary of all banking transactions, while financial report may describe a comprehensive document containing all financial performance indicators. However, all synonyms relate to vital financial information needed to make informed decisions.
