1. Which of the following are reported as assets on a bank's balance sheet? A) borrowings B) reserves C) savings deposits D) bank capital
Question
Solution 1
B) Reserves C) Savings deposits D) Bank capital
These are considered assets on a bank's balance sheet.
A) Borrowings are not considered assets, but rather liabilities. This is because they represent money that the bank owes to others.
B) Reserves are considered assets because they represent cas Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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