Čitam izvod sa računa.

Čitam is the 1st person singular present tense form of the verb čitati (to read).

So it means:

• I read
• I am reading

Serbian verbs usually show the subject in the verb ending, so -am here tells you it is I.

Because Serbian often drops subject pronouns when they are already clear from the verb form.

• Čitam izvod sa računa. = I’m reading the bank statement.
• Ja čitam izvod sa računa. also works, but ja adds emphasis, like I am reading it.

This is very normal in Serbian.

It can mean both.

Serbian present tense often covers both:

• I read
• I am reading

The exact meaning depends on context.

So Čitam izvod sa računa. could mean:

• I’m reading the bank statement right now
• or, in the right context, I read the bank statement

If you want to make the ongoing meaning clearer, the context usually does that.

It actually is in the object form: accusative singular.

The reason it looks unchanged is that masculine inanimate nouns in Serbian often have:

• nominative singular = accusative singular

So:

• dictionary form: izvod
• object form: izvod

Same spelling, different grammatical role.

Izvod literally means something like:

• extract
• statement
• excerpt

In the phrase izvod sa računa, it means a bank statement or account statement.

So the whole phrase is best understood as:

• bank statement
• literally: extract from the account

Here sa means from / off, and it requires the genitive case.

So:

• račun = account
• računa = of/from the account (genitive singular)

That is why Serbian says:

• izvod sa računa
• literally: statement from the account

This is a very common Serbian pattern: a preposition changes the noun into a required case.

S and sa are two forms of the same preposition.

Very roughly:

• s / sa can mean with
• s / sa can also mean from / off

In this phrase, sa računa is the common, natural wording. You may also see s in other expressions, but for a learner, sa računa is the safe form to remember here.

Yes — račun has several meanings, depending on context. It can mean:

• account
• bill / check
• calculation

In izvod sa računa, it means account, usually a bank account.

So context is very important with this word.

This is about aspect, which is very important in Serbian.

• čitati = imperfective → reading as an ongoing process / general action
• pročitati = perfective → to read through / finish reading

In Čitam izvod sa računa., the speaker is simply describing the action of reading, so čitati is the natural choice.

If you used the perfective idea, it would focus on completion, for example:

• Pročitao sam izvod sa računa. = I have read / finished reading the bank statement.

So čitam is right for I’m reading.

Yes. Serbian word order is more flexible than English word order.

The neutral order here is:

• Čitam izvod sa računa.

But you could also move things around for emphasis, for example:

• Izvod sa računa čitam. → emphasizes the statement
• Sa računa čitam izvod. → possible, but less neutral and more marked

For beginners, it is best to learn the normal, neutral order first:

• Verb + object

It is:

• Читам извод са рачуна.

Serbian normally uses both scripts:

• Latin: Čitam izvod sa računa.
• Cyrillic: Читам извод са рачуна.

Both are standard.

A rough English-friendly guide is:

• Čitam ≈ CHEE-tam
• izvod ≈ EEZ-vod
• sa ≈ sah
• računa ≈ rah-CHOO-nah

A few useful notes:

• č sounds like ch in church
• r is rolled or tapped
• c in Serbian is like ts
• š would be sh, ć is a softer ch-like sound, and č is a harder one

So the whole sentence is roughly:

• CHEE-tam EEZ-vod sah rah-CHOO-nah