The type of analysis that shows the percentage that each item in a financial statement is of some significant total such as total assets or sales is called:

The correct answer is: Vertical Analysis.

Explanation:

In Vertical Analysis each line item is presented as a percentage of gross sales. On the Balance Sheet, each line item in the Assets section is presented as a percentage of total assets. In the Liability and Equity section, each line item is presented as a percentage of total liabilities and equity which, based on the accounting equation, is equal to Total Assets. Vertical Analysis is mostly used on the Income Statement.

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number