Liability Side of a Commercial Bank's Balance Sheet

Liability Side

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Question

Which of the following would appear on the liability side of the balance sheet of a commercial bank?

Answers

Explanations

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A. B. C. D.

B

Demand and other transaction deposits constitute liabilities for commercial banks because they "owe" depositors the amount of their deposits. Outstanding loans represent assets for commercial banks because the borrower "owes" the bank the principal of the loan plus accrued interest.